FTX Pursues Legal Action Against NFT Stars and Delysium for Undelivered Tokens

FTX Trading Ltd. and the FTX Recovery Trust have filed lawsuits against NFT Stars Limited and KUROSEMI INC. (creator of Delysium) for failing to deliver tokens owed to the FTX estate. The legal action, initiated on April 28, 2025, in Delaware bankruptcy court, alleges breach of contract and highlights FTX’s efforts to recover critical assets amid its ongoing restructuring.

FTX Sues NFT Stars and Delysium Over Undelivered Tokens

FTX Trading Ltd. and the FTX Recovery Trust have initiated legal action against NFT Stars Limited and KUROSEMI INC., the entity behind gaming platform Delysium, alleging failure to deliver tokens owed to the FTX estate. The lawsuits, filed in Delaware bankruptcy court on April 28, accuse both companies of contract breaches by withholding assets critical to FTX’s recovery efforts.

Repeated attempts to resolve the matter privately were unsuccessful, prompting litigation. "We urge token and coin issuers to return assets that rightfully belong to FTX," stated the estate, emphasizing its commitment to maximizing recoveries for creditors.

FTX Takes Legal Action Against Token Issuers Over Unprovided Assets

FTX has initiated legal proceedings against NFT Stars Ltd. and KUROSEMI INC., operating as Delysium, for failing to deliver contracted tokens. The exchange made repeated attempts to resolve the matter privately before resorting to litigation.

The bankrupt platform warns it will pursue additional token issuers with outstanding obligations, urging immediate engagement to avoid lawsuits. Legal escalation signals FTX’s aggressive asset recovery strategy under bankruptcy oversight.