FTX suggests NFT and Delysium stars for unjustified symbols

FTX has started legal measures against NFT Stars Limited and Delysium, seeking to recover the digital assets claimed to be detained by its property.

The lawsuits are the latest in its ongoing efforts to recover funds and increase creditors after their collapse in November 2022.

Symbolic allegations

Alternative encryption exchange Declare On April 29, official complaints were submitted after ignoring multiple attempts to interact with the companies concerned. Claims claim that NFT and Delysium stars have failed to transfer the symbols that the company is entitled to contract.

Legal deposits in the case against Delysium pushed that Alameeda Ventures, now Maclaurin Investment, paid a million dollars in January 2022 for the rights to obtain 75 million AGI icons. These coins were officially launched in April 2023 with a chest structure that allows 20 % to cancel the lock after 12 months, followed by quarterly versions.

However, it was claimed that Delysium was not conditions by extending the period to 48 months without FTX approval and refused to transfer any symbols, indicating continuous bankruptcy procedures.

The complaint against NFT Stars claims that the stock exchange paid $ 325,000 in November 2021 to secure 1.35 million symbols in the Senate and 135 million SIDUS icons. While some metal currencies were delivered before FTX bankruptcy, the company confirms that more than 831,000 Senate and 83 million SIDUS are still not paid.

FTX Allegedly Violation of the contract and the violation of automatic residence resulting from bankruptcy protection.

“We urge the symbolic exporters and the coin to return the assets that are truly belonging to the FTX, and we are ready to start litigation prohibits sufficient participation,” the property said in a statement. “Our team continues to work tirelessly to increase the recovery to the maximum of FTX and return money to creditors.”

The company also confirmed that it is in discussions with many other symbolic exporters and warned that the additional legal procedures will follow it if it does not cooperate.

Recovery efforts

These lawsuits come amid the broader recovery campaign, which has already seen some success. On February 18, 2025, the company began distributing the payable funds for creditors, starting with the approved claims under $ 50,000 in the comfort category.

The next round of payments is scheduled for May 30, 2025, with the date of registration set on April 11. This tour will cover the Customer 5 Customer Claims, Public Un guaranteed demands, and additional approved demands.

This initiative follows a reorganization plan from the court in October 2024 that the average recovery operations of 119 % per claim, with some creditors receive up to 140 % cash. FTX estimates that the total asset recovery will range from 14.7 billion dollars to 16.5 billion dollars, with the help of successful recovery efforts by the US Department of Justice and global organizers.