FTX has filed a legal action against NFT Stars Ltd., and its subsidiary Delysium, alleging that the companies failed to deliver promised tokens as per contractual agreements. This move follows FTX’s Chapter 11 bankruptcy filing in November 2022, initiated by new CEO John Ray III. Ray seeks court involvement to reclaim assets under FTX’s bankruptcy proceedings. Details of the specific tokens and their undisclosed values remain unclear. While this lawsuit hasn’t directly impacted major cryptocurrencies like Ethereum and Bitcoin, stakeholders closely watch potential ripple effects on related ecosystems. This action reflects FTX’s ongoing efforts to recover and settle outstanding debts while navigating through its financial shortcomings.