Summary

  • James Ramsden KC, attorney for Ready Play (PLAY), has described a recent court case involving the gaming company as a “salutary lesson” for those engaged in digital asset litigation, following a ruling which saw a worldwide freeze order lifted against Ready Gibraltar.
  • PLAY’s CEO, Christina Macedo, claimed in a press release following the ruling that she was confirmed as both CEO and founder, as well as being the sole legal owner of Ready Maker (Gibraltar) Ltd.
  • A previous injunction had frozen the launch of Ready Gibraltar’s tokens for three months while the legal wrangle was sorted out, which led to the company being unable to finance a project and having to lay off staff.
  • A further hearing on 25 April will determine whether PLAY can claim indemnity costs from Ready Makers Inc, which filed for the original injunction.

By Dean Takahashi

Original Article