FTX Sues Token Issuers Over Withheld Assets Amid Recovery Push

4 hours ago 4

Rommie Analytics

In a statement issued yesterday, FTX announced that it had filed lawsuits against NFT Stars Limited and KUROSEMI INC. (operating as Delysium), accusing both of withholding contractually obligated tokens.

The move marks the start of a broader legal strategy aimed at recovering estate assets. FTX says it plans to take similar legal steps against other non-compliant token issuers.

FTX: “Return What Belongs to the Estate”

According to the statement, FTX has made repeated attempts to contact these issuers and resolve the matter amicably—but received no response. Now, the estate is turning to the courts.

“We urge token and coin issuers to return assets that rightfully belong to FTX,” the estate said. “If parties refuse to engage, we are prepared to litigate.”

The estate emphasized its commitment to maximizing returns for creditors and restoring lost funds. Additional lawsuits are expected in the coming weeks.

The post FTX Sues Token Issuers Over Withheld Assets Amid Recovery Push appeared first on Coindoo.

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