Gibraltar Court Ends Two-Month Freeze on 542 Million PLAY Tokens in Legal Dispute
The Gibraltar Supreme Court recently lifted the freeze on 542 million PLAY tokens involved in a legal dispute between two affiliates of the Web3 gaming platform PLAY Network. Judge John Restano ruled on April 17 that continuing the freeze could damage the value of the tokens and that the plaintiff's evidence was insufficient. These tokens make up about two-thirds of the circulating supply and are currently valued at approximately $2.6 million, but have plummeted 97% since their listing in December last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mitsubishi Electric: Strong Demand for Gas Turbines, Delivery Schedule Extended Until 2031
Mitsubishi Electric stated that demand for gas turbines has exceeded manufacturing capacity, resulting in increasingly longer delivery lead times.
Tesla sees a massive $37.4 million call options order! What is the capital betting on?
Crypto prices
More
