---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-014901"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T13:38:45.558673+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-014901
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390025014901/0001213900-25-014901-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390025014901/ea0231382-8k_future.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-014901
- JSON: https://secwatch.observer/filing/0001213900-25-014901.json
- Plain text: https://secwatch.observer/filing/0001213900-25-014901.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.