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The Gibraltar court lifted the freezing order on 542 million PLAY Tokens.

According to the Gate.io News bot, Cointelegraph reported that the Supreme Court of Gibraltar recently ruled to lift the freeze on 542 million PLAY Tokens. The court found that the evidence for the previous freeze was insufficient and that the freeze had a negative impact on the value of the Tokens. The freeze stems from allegations made by Ready Games regarding the illegal takeover of its Gibraltar subsidiary and CEO Christina Macedo's company and assets. The number of frozen tokens accounts for nearly two-thirds of the total circulating supply of PLAY tokens, currently valued at approximately $2.6 million. According to the data, since its launch in December 2023, the price of the PLAY Token has dropped by over 97%.
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