FTX Seeks to Recover Millions in Missing Tokens from NFT Star and Delysium
FTX, the bankrupt crypto exchange, is pursuing legal action against NFT marketplace NFT Star and AI platform Delysium to recover assets for its creditors. The lawsuits allege the companies failed to deliver tokens purchased under Simple Agreements for Future Tokens (SAFTs), a common fundraising mechanism in the crypto space. This is part of FTX’s broader effort to recoup funds following its collapse and return value to those impacted.