Short News View Non-AMP

FTX Takes Legal Action Against Token Issuers Over Unprovided Assets

Published by
Qadir AK

FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits against those who remain unresponsive. The company urges these parties to engage promptly to avoid further legal action.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

XRP Price at Risk of Crashing 50%, Here’s Why

It’s an exciting weekend for crypto fans, and especially for those watching XRP closely. There’s…

May 18, 2025

Elon Musk’s ‘Kekius Maximus’ Persona Reignites Interest in Meme Coins and Underlying Technologies

Another Viral Elon Moment — Another Meme Coin Surge This week, Elon Musk once again…

May 18, 2025

Is MUTM Quietly Becoming the Next Big Crypto? Price Predictions Point to a 15x Surge

In a market full of noise, the tokens that make the biggest moves often do…

May 18, 2025

Ethereum Price Prediction: If ETH Can Break $2,800 We Could See $3,300 Soon After

Investors are monitoring Ethereum intently since it is on the verge of a crucial breakout.…

May 18, 2025

Unilabs (UNIL) Could Outperform BlockDAG and BONK After Smashing $30M Milestone in Assets Managed

Last year, BONK and BlockDAG (BDAG) performed tremendously and created generational wealth for many investors.…

May 18, 2025

Why Analysts Predict MUTM Could Be the Best Crypto to Invest in Before It Hits $2

With the cryptocurrency market steadily recovering and capital beginning to flow into high-utility projects, one…

May 18, 2025