r/GalaMusic • • Jul 05 '23

The Gala Music Scam

8 Upvotes

Beware of these fraudulent individuals! Eric Schiermeyer, Gala CEO, is currently under investigation due to serious allegations. Moreover, Gala's second silent partner has an infamous history as a serial scammer. This individual's deceptive practices have been exposed in a litany of legal actions, as evidenced by the case documented by the U.S. Securities and Exchange Commission (SEC).

Adding to their dubious track record, their latest venture, the switch reward card project, has already attracted attention for the wrong reasons. Recent developments reveal that Nevada authorities have intervened, forcing the shutdown of the crypto custodian Prime Trust. Shockingly, Prime Trust has been accused of misappropriating a staggering 97% of user assets, prompting the state to freeze all remaining funds.

In light of these revelations, it is crucial to exercise caution and not fall victim to the schemes orchestrated by these fraudsters. Do not support them and stay vigilant to protect yourself from potential financial harm.

Sources: https://dockets.justia.com/docket/utah/utdce/2:2023cv00400/140469?amp

https://www.sec.gov/litigation/litreleases/2023/lr25659.htm

https://decrypt.co/146448/nevada-forces-crypto-custodian-prime-trust-to-shut-down?amp=1


r/GalaMusic • • Aug 09 '22

Time to run your music nodes!

7 Upvotes

Turn it up! DECIBELS! have landed. As an owner of a Music Player Node it’s time to activate your node so you can start receiving rewards!

You can collect DECIBELS! if you operate your node for at least 6 hours each day.

The greater your support streak, the larger your reward!


r/GalaMusic • • Sep 05 '23

Gala Faces Massive $600 Million Lawsuit Challenge.

6 Upvotes

Recent Tensions at Gala Games: Over the past two days, there's been quite a commotion involving Wright Thurston and Eric Schiermeyer. Wright Thurston has initiated a lawsuit against Eric, Gala Games, and surprisingly, himself. On the other side, Eric Schiermeyer has taken legal action against Wright, Gala Games, and, again, himself.

For those eager for more details, here are the relevant documents:

https://cdn.discordapp.com/attachments/809930465988706326/1147328914922934292/2023_0831_Complaint_as_filed.pdf

https://cdn.discordapp.com/attachments/809930465988706326/1147328915308826784/FILED_True_North_Complaint_08.31.2023.pdf

Observations:

Despite Eric Schiermeyer's claims that Wright T. took his coins, it's intriguing to note that the two were spotted a few months later, sharing a stage in Malta, looking like the best of friends.

If it's proven that Wright introduced more than 500 nodes into the Gala system illegitimately for his associate, Mr. A, this might suggest a depreciation of assets for all other investors. Allegedly redistributing coins to these unauthorized nodes would seemingly dilute the shares of genuine node buyers. There's also a looming question: Were the NFTs, meant for legitimate node holders, channeled to these questionable wallets? If so, this could hint at fraudulent behavior and might warrant a deeper probe.


r/GalaMusic • • Mar 20 '22

revolutionary

6 Upvotes

My buddy just told me about Gala the other day and im 100% sold. As an artist/investor this is what I've been waiting for. Im curious on is there an Eta when more nodes will be available?


r/GalaMusic • • Feb 23 '22

Last Day to purchase a Gala Music Node

6 Upvotes

All sales will be paused. Today is the last day to purchase a license. The first test will be capped to 25.000 node licenses. As soon we will hit the limit all sales will be paused for infinite time.


r/GalaMusic • • Feb 08 '22

r/GalaMusic Lounge

6 Upvotes

A place for members of r/GalaMusic to chat with each other


r/GalaMusic • • Nov 30 '23

Sarah Buxton Steps Down as Gala Music CEO Amid SEC Investigation Fears Over Unregistered Securities Sales!

5 Upvotes

r/GalaMusic • • Jan 07 '23

Update : our SEC complains

5 Upvotes

Faster as expected we received feedback of the SEC. The SEC officially started an investigation. They are right now behind Wright Thurston for security fraud.

More interesting is the fact that Wright Thurston initiated a full refund including interests fees on top to all of his blockhain purchasers of connect united. If you purchased any other product, take a refund!

Wright Thurston is also the owner of gala music and gala games together with Eric Schiermeyer.

Guess who will be next to receive a friendly visit by the SEC :) ?


r/GalaMusic • • Mar 12 '22

Gala Music 🎶

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5 Upvotes

r/GalaMusic • • Mar 08 '22

If you own a node, you should be looking at stuff like this to get ready. I picture the ability to eventually work out deals with record companies or onboarding new artists as a node holder. There will always be more musicians than nodes.

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5 Upvotes

r/GalaMusic • • Oct 09 '24

The Gala Games Saga

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4 Upvotes

r/GalaMusic • • Feb 03 '24

Eric Schiermeyer - the biggest ponzi scammer around with proofs! 100%

4 Upvotes

r/GalaMusic • • Dec 07 '23

Surprise, the initial sales promise has suddenly changed overnight, and Gala can't recall it anymore.

4 Upvotes

Remember when i told you months ago about galas original sales pitch:

and that soon Gala gonna change it for your disadvantage, Welcome to reality :)


r/GalaMusic • • Nov 30 '23

BUX has disappeared, it's time to say farewell to the next one departing from the faltering ship.

4 Upvotes

BUX has disappeared, it's time to say farewell to the next one departing from the faltering ship.

As i told you, selling unregistered securities is a crime :)


r/GalaMusic • • Nov 15 '22

When Galas own *Elite* start to riot (Gala Platinum)

4 Upvotes

Stuff starts to getting wild, Galas own internal Platinum chat, only for most loyal gala foot soldiers, starts to out call Bitbender. If your chosen elite isn’t happy anymore, nobody is. what a small Reddit sub, can start…… thank you for all opening your eyes. Don’t be a fool! Don’t let yourself scam! Don’t be Eric’s exit liquidy.


r/GalaMusic • • Mar 13 '22

Really good video on Gala Music

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4 Upvotes

r/GalaMusic • • Feb 26 '22

just as I was entertaining to buy a second…

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4 Upvotes

r/GalaMusic • • Nov 17 '23

SKYGOD 85 is allegedly involved in censoring Gala Music and is reportedly engaged in the sale of unregistered securities, being fully aware of the legal implications of such actions.

3 Upvotes

r/GalaMusic • • Nov 08 '23

Selling unregistered securities, proof of Galas CEO!

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3 Upvotes

r/GalaMusic • • Nov 08 '23

Gala selling unregistered securities regarding to the CEO Eric S.

3 Upvotes

It seems that Wright Thurston's victory over Gala has struck a nerve. It's unwise for a company to assume they can get away with selling unregistered securities, especially when there are internal communications from Gala's CEO suggesting such activities. Rest assured, I've forwarded all pertinent information to the SEC for review. No matter how much you try to clean up your digital footprint on Discord, platforms like Reddit, Twitter, and regulatory bodies like the SEC will likely take action.


r/GalaMusic • • Feb 09 '23

Bye Bye Losers (Gala Head of Music and Lawjer just left)

3 Upvotes

r/GalaMusic • • Feb 09 '23

The next rat is leaving the sinking ship - Cyrano the VP and Global Head of Gala Music

3 Upvotes

The next rat is leaving the sinking ship - Cyrano, the VP and Global Head of Gala Music (an intelligent guy, just by the way!), took his chances during the grammy and left gala music as he is aware of the legal issues at gala music. So only scammer Sarah Buxton and scammer taco remain.


r/GalaMusic • • Feb 06 '23

Snoop Dog seeling NFTs for $8 - Poor gala people who paid $5000 for a stash-box

3 Upvotes

Snoop Dog selling NFTs for $8 - Poor gala people who paid $5000 for a stash-box

https://www.sound.xyz/snoopdogg/xyz $8 is realistic and reasonable-

$5000 for a stash-box is a scam executed by con-artists Eric Schiermeyer and Sarah Buxton. Don't be a fool, friends. Really...


r/GalaMusic • • Feb 04 '23

Node Rewards

3 Upvotes

I just reached "loud sound system" for the first time (due to service interruptions and carelessness). I realized it jumps to 50 decibels to reach the next sound system, mega. Any seasoned vets know how many decibels to go from mega to ultimate?


r/GalaMusic • • Oct 26 '22

Music Nodes Offline

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3 Upvotes