By all accounts, FTX is hoping to sue NFT Star and Delysium to get back millions of dollars in tokens. The cryptocurrency exchange, currently embroiled in bankruptcy proceedings, has repeatedly attempted to reclaim these assets before turning to the courts. The legal actions, reported on April 28, aim to ensure...
The aftershocks of FTX’s sudden collapse have left the entire crypto world in constant chaos. Continuing on this path, most notably is the recent tide of lawsuits, all aimed at reaping lost treasures. FTX, along with the FTX Recovery Trust, has initiated legal action against NFT Stars Limited, KUROSEMI INC.,...
Bitcoin’s astonishing rise, with some analysts estimating it’ll go as high as $96,000, has set the crypto world ablaze. Token ATH! returns to help you understand what’s driving this hype machine. At the same time traditional markets are putting out counter signals, economic storm clouds are quickly building. Then, he’ll...
The NFT space has witnessed a curious trend: while some mainstream brands are exiting, crypto-native companies remain deeply invested. This divergence presents some critical questions concerning the future direction of NFTs and the path forward for these two diverging camps. Why are heavy-hitter industry-leaders like Nike and Starbucks retreating? What...
Token ATH! is following this fast-moving story. Kinney makes the case that this is a development that might most profoundly affect the NFT universe. Photo by 360b via Shutterstock Nike is facing a lawsuit claiming it engaged in misleading practices with its NFT sales. The central question: Could this be...
Nike is in the midst of a $5 million class action lawsuit brought by unhappy buyers of its non-fungible tokens (NFTs). Yet the lawsuit goes on to claim that Nike’s hasty actions in shutting down the RTFKT platform voided huge swathes of properties, drastically plunging the market value of digital...
Bitcoin, the original cryptocurrency, remains as popular as ever and remains the subject of fierce debate and speculation as to where its price will go. Will it skyrocket to $200,000 by 2025? Token ATH! (Token All Time High!) … Read more Token ATH! We’ll dig into the methodologies that go...
Life in the Bitcoin world is full of surprises. When we fast forward to Q2 and Q3 of 2025, the scenario gets even more interesting. Jason, who is known for breaking down complicated subjects for easy understanding, is set to take us through the fundamentals that affect Bitcoin’s price. He’ll...
Meanwhile, the bankrupt cryptocurrency exchange FTX is increasing its stakes in its asset recovery efforts. Earlier this month, for instance, it took successful legal action against NFT Stars Limited and Kurosemi Inc., the operator of the Delysium platform. These types of lawsuits concentrate on claims that each company failed to...
Among these efforts, US Senators Elizabeth Warren and Josh Hawley have introduced the PROOF Act, a legislative initiative specifically aimed at regulating cryptocurrency exchanges. The change comes after the very collapse of FTX and is meant to keep such events from happening again. Under the legislation, crypto exchanges would have...