U.S. Court Prohibits Transfers From Papaya Gaming U.S. Bank Accounts; Papaya Owes $730M Judgment To Skillz Platform
The U.S. Bankruptcy Court for the District of Delaware (the "Delaware court") has prohibited transfers from the U.S. bank accounts of Papaya Gaming Ltd., an Israeli company, and its U.S. subsidiary, Papaya
A court has frozen Papaya Gaming's U.S. bank accounts because the company owes another company called Skillz $730 million. This means Papaya cannot easily move or spend that money right now.
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