The executive is preparing a response to the claims made by PlayUp. The claims resulted in a temporary restraining order against Mintas in the United States District Court for Nevada. PlayUp alleged that the executive threatened to damage their reputation and intended to “burn PlayUp to the ground”. Mintas, however, denies all the claims and highlights her significant investment in PlayUp as a major shareholder.
Regarding the failed $450m deal with cryptocurrency exchange FTX, Mintas stated that the collapse was due to systemic issues, which she believes were communicated to FTX through email. Mintas, bound by the terms of the restraining order, couldn’t comment on the matter fully but emphasized her commitment to PlayUp. As the US CEO since July 2020, she built up the business by launching in Colorado and New Jersey, securing market access for additional states, and creating a valuation of over $400m in the US market. PlayUp has earned the reputation of being called “the sleeping giant” in the industry.
Mintas expressed concern about attempts to prevent her from speaking to US regulators, highlighting the significance of this action. The temporary restraining order requires Mintas to respond by 13 December, with PlayUp’s response due on 15 December. A hearing is scheduled in a Las Vegas court the following day.
