FTX has initiated lawsuits against NFT Stars and Kurosemi, known as Delysium, as part of its efforts to recover funds for creditors following its collapse. Filed in Delaware bankruptcy court, the lawsuits claim these entities failed to deliver tokens for which FTX had already made payment. In its complaint, FTX stated that Alameda Research, its former trading arm, paid $1 million for 75 million AGI tokens from Delysium but faced delays due to a prolonged vesting schedule suspended after FTX’s bankruptcy. Similarly, FTX paid $325,000 for various tokens from NFT Stars, but delivery was interrupted amidst ongoing bankruptcy proceedings. FTX is seeking the remaining tokens along with damages, contending that their market values peaked before the non-delivery occurred. AGI tokens once reached a peak price of $0.672, while other tokens experienced significant devaluation. NFT Stars and Delysium have not yet responded to requests for comments. This lawsuit aligns with FTX's broader strategy to recoup funds from various parties as it continues its bankruptcy recovery process.

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