The bankrupt cryptocurrency exchange FTX and its recovery fund have filed lawsuits against KUROSEMI INC., operating under the brand Delysium, for failing to fulfill contractual obligations regarding token supply. The lawsuits, filed on April 28 in the Delaware bankruptcy court, relate to agreements made through Alameda Ventures. According to the documents, in January 2022, Alameda invested $1 million in Delysium, acquiring rights to 75 million AGI tokens. The tokens launched in April 2023 with a release schedule, but Delysium allegedly unilaterally extended the period to 48 months and refused to transfer the tokens, citing FTX's bankruptcy.

FTX claims it repeatedly attempted to resolve the issue amicably, reaching out to Delysium 13 times from June 2023 to September 2024, but received no response. The lawsuit demands the immediate transfer of the tokens, compensation for damages for breach of contract, and penalties for violating bankruptcy procedures. These actions are part of FTX's strategy to recover assets after the collapse in November 2022, when $8 billion of client funds were lost.

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