Ready Games is in dispute with subsidiary, Gibraltar court freezes $7 million worth of PLAY tokens

According to Cointelegraph, the Supreme Court of Gibraltar has ordered the freezing of about 440 million PLAY tokens (about $7 million), accounting for about half of the circulation. This stems from a legal dispute between US Web3 gaming company Ready Games and its Gibraltar subsidiary Ready Maker and its CEO Christina Macedo. Ready Games founder David Bennahum said the subsidiary violated the trust agreement and claimed ownership of the company and PLAY tokens without authorization.