Tag: ftx

FTX's Zombie Tokens Haunt NFT Stars: Will the Meme Economy Survive?

FTX's Zombie Tokens Haunt NFT Stars: Will the Meme Economy Survive?

So, FTX is alive and well… kind of. Like a FTX crypto zombie, it pulls itself up out of the grave. Now, it’s poised to sue the NFT trading platform NFT Stars and the AI-powered gaming platform Delysium, formerly known as Delysium. The fee? Non-performance in providing tokens owed pursuant...

FTX Estate Goes After NFT Stars & Delysium: Token Recovery?

FTX Estate Goes After NFT Stars & Delysium: Token Recovery?

The FTX estate has been busy recovering assets ever since its spectacular collapse in November 2022. It is deeply committed to protecting the American taxpayer by doing everything possible to realize the highest returns for its creditors. The legal team behind it is leaving no stone unturned in their pursuit...

FTX's Token Clawback: A DeFi Stress Test or Pragmatic Recovery?

FTX's Token Clawback: A DeFi Stress Test or Pragmatic Recovery?

The FTX estate is following the lead of the aggressive legal attack. They’re suing NFT Stars and Delysium (Kurosemi) to compulsory redeem tokens that were never delivered pursuant to SAFT agreements. It raises a crucial question: are these lawsuits a necessary step toward repaying creditors, or a dangerous precedent that...

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