The CEO of Gala Games has filed a lawsuit against the co-founder of the company, alleging the theft of 8.6 billion GALA coins, valued at over $130 million. This incident has led the company to migrate the Smart Contract of the coin to GALA v2. Additionally, the co-founder has counter-sued the CEO, accusing them of misappropriating company funds for unauthorized purposes, such as purchasing a private jet. These events have resulted in a significant drop in the price of GALA coins, with a decrease of over 12%.