Tag: legalaction

FTX Estate Pursues Legal Action Against NFT Stars and Delysium Over Unfulfilled Token Agreements

04/30/2025

FTX Estate Pursues Legal Action Against NFT Stars and Delysium Over Unfulfilled Token Agreements

Additionally, the FTX Estate has filed a lawsuit against NFT Stars, an NFT marketplace. They’re calling action against Delysium, an AI-powered gaming platform. The lawsuit centers around allegations that both entities failed to deliver tokens owed under investment agreements previously established with Alameda Ventures, an affiliate of FTX. The suit...

Further Reading

Cryptocurrency markets have a reputation for being unpredictable and moving at an incredible pace punctuated by new and shiny trends. From stocks to options trading to real estate, investors are constantly keeping an eye on trends and the next big thing, and cryptocurrencies are no different. Pump.fun, Zora, and Pudgy...

For Nathaniel Chastain, the former OpenSea product manager whose 2023 conviction for fraud and money laundering was recently overturned. Their appeal decision arrived on July 31. The charges were based on claims of insider trading in non-fungible tokens (NFTs).Chastain was alleged to have purchased NFTs prior to them being listed...

Even amid explosive growth and record-breaking sales, one transaction of CryptoPunks NFTs totally monopolized the imagination of the digital art and cryptocurrency world. One whale address, known as “0x1bb351…72d6,” bought 45 CryptoPunks in one transaction.The acquisition, which is equivalent to about $7.8 million, was carried out through a transfer of...

Ethereum, the first and biggest blockchain platform for smart contracts and decentralized applications, is turning 10 this year. Since its launch, Ethereum has gone through some radical changes. Yet it has metamorphosed from a post-ICO hellscape into the bedrock of the decentralized finance (DeFi) movement. This trip has been an...

Ethereum is showing very strong bullish indications of a breakout prospect. Currently, its price action is lingering just under the key $4,000 psychological resistance on the 4-hour chart. After a violent sell-off earlier in the year, fund holdings fell to multi-year lows. Ethereum has in recent weeks and months rebounded...

GameSquare Holdings, Inc. has made a bold move by acquiring CryptoPunk #5577, a prominent NFT, for $5.15 million through preferred shares. This decision has launched a passionate discussion about NFTs as corporate treasury assets. Today, they are among well-known reserve cryptocurrencies including Bitcoin, Ethereum, and Solana. Many industry experts consider...

Last week, crypto art platform SuperRare was the victim of a security vulnerability as $730,000 worth of RARE tokens were stolen. The attacker took advantage of a vulnerability in the platform’s smart contract. Combined, they were able to siphon a large share of the total tokens in a single transaction....

Solana is putting on an impressive display of strong growth potential. Perplexity AI, the new AI search startup, predicts it will skyrocket to somewhere between $300 and $450 by the end of 2025. This projection already reflects more than 100% growth from the current baseline levels. The optimistic outlook takes...