FTX Sues NFT Star Marketplace In Bid To Recover Lost Funds

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 01 2025

SIDUS-3.98%

ETH-1.34%

AGI-2.55%

Should l Buy SIDUS?

FTX Lawsuit Against NFT Stars and Delysium: FTX has filed a lawsuit against NFT Stars and Delysium, claiming they failed to deliver digital tokens worth over $1.3 million that were paid for under investment agreements with Alameda Research.
Background on FTX's Collapse and Recovery Efforts: FTX, once a leading cryptocurrency exchange, collapsed in 2022 due to fraudulent activities. The company is now pursuing recovery of funds from projects it believes defrauded them, including the aforementioned NFT marketplace and blockchain project.

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Technical Analysis for SIDUS

Technical Sentiment Analysis for SIDUS (SIDUS) As of , SIDUS (SIDUS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SIDUS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SIDUS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

SIDUS (SIDUS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.0000191	0.0000405	0.0000851	0.000145	0.000189	0.000249	0.000293
Fibonacci	0.0000405	0.0000803	0.000105	0.000145	0.000184	0.000209	0.000249

About SIDUS

SIDUS HEROES is a pioneering, Web3, space-based, gaming metaverse offering interstellar exploration and conquests. Powered by AI technology, the metaverse features multiple game studios, unified lore books and a common economy across all its titles. SIDUS HEROES utilizes a cross-platform approach, enabling seamless progress transference between all its high-quality gaming products.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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