**āļø FTX SUES NFT STARS & KUROSEMI: Summary for Crypto Investors**
### **š KEY POINTS**
1ļøā£ **Legal Case Related to Unfulfilled Tokens:**
- FTX is suing **NFT Stars** (NFT platform) and **Kurosemi** (Delysium game developer) for failing to deliver the promised tokens in the investment agreement.
- **NFT Stars:** Did not deliver 1.35 million SENATE & 135 million SIDUS tokens ($325K).
- **Kurosemi:** Delayed delivery of 75 million AGI tokens ($1M) by unilaterally changing the vesting schedule.
2ļøā£ **FTX Asset Recovery Efforts:**
- FTX has contacted both parties **15-13 times** (2023-2024) without adequate response.
- Goal: Recover assets to **pay creditors** (a total of $14.5B-$16.3B has been collected).
- **Second payment phase** starts **May 30, 2025** for large claims.
3ļøā£ **Impact on the Crypto Market:**
- Tokens **SENATE, SIDUS, AGI** are not listed on major exchanges ā Value depends on project solvency.
- This case is a warning for **small token investors** about the risks of long vesting & low liquidity.
---
### **š” IMPORTANT LESSONS**
ā **Token Transactions Must Be Clear:**
- Smart contracts should **automate token distribution** to avoid conflicts.
- Investors need to diligently **read vesting terms & project roadmap**.
ā ļø **Regulation Is Tightening:**
- **PROOF Act bill** in the US proposes:
- Customer funds separated from company assets.
- Monthly "Proof of Reserves" audits by a third party.
#FTX #nft #RegulasiCrypto #InvestasiBijak #BinanceSquareFamily