Gala Games will be suing pNetwork
According to the lawsuit, the negligence of the cross-chain bridge provider resulted in a security breach and subsequent devaluation of the GALA token.
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Furthermore, Gala Games' leadership is confident that pNetwork was aware of the management key leak and intentionally delayed their response to maximize profit.
Last autumn, a hacker breached pNetwork's bridge, minted 55 billion tokens, and sold them on the Pancakeswap DEX, causing a drop in GALA's value.
Gala Games is now seeking $27.7 million in compensation through the court system, as well as additional payments for reputation damage and imposed punitive sanctions.
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