Play Network wins multiple legal cases in token dispute with Ready Makers Inc.

PLAY Network, an onchain gaming infrastructure platform, claimed it has won a “decisive triple victory” in Gibraltar’s courts, closing a six-month legal battle with Ready Makers Inc. Ready Makers Inc. representatives David S. Bennahum, Scott Rupp, and Davidi Gilo had sued to stop the issuance of Ready Gibraltar’s PLAY’s tokens and related assets. In April, the Supreme Court of Gibraltar overturned a worldwide freeze on 542 million $PLAY tokens, finding their claim had “no real prospect of success” and calling it “oppressive.” Later that month, the court ordered the claimants to pay approximately $550,000 in indemnity costs to Play Network for misleading the court, including an immediate interim payment of approximately $300,000. In June 3rd´s written judgement, the Court of Appeal for Gibraltar upheld the findings, ruling that the February 4 freeze was a “miscarriage of justice” and that “the claimants have no real prospect of success” to challenge the freeze reversal. Bennahum, in ... Read full article.