NY Court orders FTFT to turn over subsidiary shares to satisfy $10.6M judgment

Future FinTech Group Inc.

Amended judgment of April 16, 2024 for $10,598,379.93 includes $7.9M damages, $1.7M interest, $980K fees.
On Aug 28, 2024 NY Court granted FT Global's turnover motion; company failed to satisfy judgment.
FTFT must turn over shares, membership interests, and corporate seals of China/HK subsidiaries to U.S. Marshal for auction.
Company plans to appeal NY Court order to Second Circuit and continues to contest Georgia judgment.
Previously, post-trial motion to challenge Georgia judgment (filed May 9, 2024) remains pending.

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