FTX Sues Gaming Platform Delysium Over Unpaid Tokens

The bankrupt exchange FTX has filed lawsuits against the NFT marketplace Stars and the blockchain gaming company Kurosemi, operating under the Delysium brand. The accusation states that both companies failed to deliver tokens owed to the trading platform.

(1/3) FTX today announced that to recover estate assets, FTX has commenced legal action against certain token and coin issuers which own FTX assets and have been unwilling to engage.

— FTX (@FTX_Official) April 29, 2025

FTX claims to have made “numerous attempts to establish contact and find a resolution without litigation.”

According to the statement, the exchange is in the process of approaching other issuers regarding its assets and intends to file additional lawsuits against parties unresponsive to requests.

In the complaint against Delysium, FTX liquidators noted that the Alameda Research division paid $1 million in January 2022 for 75 million AGI tokens of the gaming project.

The initial coin launch took place in April 2023, with Alameda’s share scheduled for distribution starting with a 20% unlock after 12 months. However, the term was extended to 48 months and then suspended altogether due to FTX’s collapse.

The complaint against Stars involves a payment of $325,000 for 1.35 million SENATE and 135 million SIDUS. After a partial delivery, the remaining 831,000 SENATE and 83 million SIDUS were never transferred, the exchange claims.

FTX demands the return of all paid tokens and seeks damages, noting that the asset values have significantly decreased during the dispute. At its peak, AGI traded at $0.672, but the token has now depreciated by 90%. SENATE and SIDUS have lost over 99% of their value since January 2022.

Back in April, FTX liquidators disqualified at least 392,000 compensation claims.