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FTX is suing two token issuers to reclaim misappropriated assets and plans to initiate more lawsuits.

2025-04-29 08:22

BlockBeats News, April 29 - According to Reuters, the bankrupt cryptocurrency exchange FTX and its liquidation trustee have announced the initiation of asset recovery legal actions. Lawsuits have been filed against NFT Stars Limited and KUROSEMI INC (the operator of Delysium), accusing them of refusing to deliver the tokens as contractually agreed.


FTX has stated that despite multiple attempts at non-litigation negotiations, it is now reaching out to dozens of other token issuers to recover assets. Legal measures will be taken against those who refuse to cooperate in order to protect the rights of creditors.

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