FTFT subsidiary assets auctioned for $25K to satisfy $10.6M judgment; new turnover bid for 39.8M shares

Future FinTech Group Inc.

NY Court ordered turnover of FTFT subsidiary shares; U.S. Marshal auctioned non-China/HK securities for $25,000 to FT Global's counsel on Dec 18, 2024.
FTFT appealed turnover order for China/HK subsidiaries to the Second Circuit; decision pending.
On Feb 6/12, 2025, FT Global moved for turnover of 39,825,939 unissued FTFT shares; FTFT opposes citing corporate governance.
Original $10.6M judgment (damages, interest, fees) remains unpaid; FTFT will continue to defend and appeal if necessary.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.