Ready Maker Inc. is suing the subsidiary that was issuing its token.
Ready Maker Inc. is suing the subsidiary that was issuing its token.
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Gibraltar Supreme Court freezes 450M $PLAY tokens in Ready Games legal fight

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Ready Makers Inc. said it won a legal victory against its Ready Maker Ltd. (Gibraltar) subsidiary when the Supreme Court of Gibraltar issued a freeze on Web3 tokens that the subsidiary was going to issue.

The order imposed a comprehensive freezing order on February 4, 2025, requiring the preservation of over 450 million $PLAY tokens—representing more than 46% of the token’s maximum circulating supply, Ready Makers Inc. said in a press release.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.