ftx

FTX's NFT Token Recovery: A Royal Mess for NFT Royalties?

FTX's NFT Token Recovery: A Royal Mess for NFT Royalties?

The FTX saga rages on, now pulling the NFT community into its tumultuous storm. While everyone's focused on Sam Bankman-Fried's trial, a quieter battle is brewing that could fundamentally alter how NFT creators get paid and how collectors value their digital assets. Are these lawsuits a necessary step to get...

FTX Pursues Legal Action to Recover Funds in Bankruptcy Proceedings

FTX Pursues Legal Action to Recover Funds in Bankruptcy Proceedings

As part of its Chapter 11 bankruptcy case, FTX has filed a number of high-profile lawsuits. Among other things, they’re targeting Binance, former CEO Changpeng Zhao, NFT Stars, and Delysium. Filed in Delaware bankruptcy court, these lawsuits are pursued to recoup misappropriated funds and assets that were allegedly diverted just...

FTX's Token Recovery: Suing NFT Stars & Delysium - What's at Stake?

FTX's Token Recovery: Suing NFT Stars & Delysium - What's at Stake?

FearlessToken.com dives deep into the digital creative revolution. It follows the war on NFT royalties, features audacious generative art, explains PFP project patterns, investigates cutting-edge metaverse activity, and interprets market data with frankness and context. Innovative imaginations are molding our future cultural landscape. FTX’s ongoing legal efforts to claw back...

FTX's Token Clawback: 5 Reasons It's DeFi's Downfall

FTX's Token Clawback: 5 Reasons It's DeFi's Downfall

With the FTX saga, the slow, agonizing death of DeFi idealism continues. The latest chapter? Now, in its current FTX-zombie-state, the FTX bankruptcy estate is suing both NFT Stars and Delysium for failing to deliver those tokens. On its face, though, it’s billed as recovering money for creditors, a worthy...

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