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Crypto Exchang FTX filed a lawsuit against NFT Stars Limited and Kurosemi Inc. The company is behind the Dellysium Games. The lawsuit was filed at the Dilayer Bank of Delawir in the United States.
FTX claims that these two companies did not provide promised symbols, which were very important to the FTX recovery process. FTX also tried to contact them several times, but when no response was received, the company had to approach the court.
“We appeal to all the symbolic companies and the coin to restore the assets that belong to the FTX. Our team works continuously so that we can recover the largest possible amount of money and return it to our customers,” said a statement issued by FTX.
FTX is preparing to give the second batch to customers
This lawsuit came at a time when FTX is preparing to give the second batch of payment to customers as part of its recovery process, and the FTX KYC payment date was extended to June 1. At the same time, according to the adopted project from the court in October 2024, FTX aims to return 119 % of their claim amount by 98 % of the credit. The second batch will start from May 30, 2025.
The current FTX team, headed by bankruptcy expert John Ray, has regained an amount between 14.5 billion dollars to 16.3 billion dollars. This entire process started after the FTX Sam Bankman-Fred founder revealed a misuse of $ 8 billion in customer money.
The FTX Legal team warned Sullivan & Cromwell LLP that if the distinctive symbol companies and other coin are not cooperated, then lawsuits will be filed against them as well.
The result of these new lawsuits can increase the promotion of the FTX’s total recovery and the debtor amount of its customers. This issue is a big step towards putting the finishing touches on one of the largest cases of insolvency in the encryption industry.
The FTX claim against NFT Stars and Delysium is part of the company’s recovery strategy, whose main goal is to return money to customers. This issue will not only enhance FTX’s economic return, but also sends a message to other encryption companies that it is important to follow contracts.
As the second batch is approaching, this lawsuit can play an important role in enhancing the FTX image and investor confidence again. Besides this, if you want to read news related to other encryption exchange, you can read it by visiting our encryption department, as you will get new information such as requests to the encryption exchange, and your Kyc update before June 30.
