[New York Federal Court to Hear Ostium $15 Million Loan Dispute Today] According to The Block, court documents reveal that a federal court in New York will hear a dispute today involving a $15 million loan, with the defendant being the on-chain perpetual contract exchange Ostium. The exchange suffered a $23.75 million loss in a July attack. ESS Frontier and Hong Kong lender Minghui Zheng filed a lawsuit against Ostium earlier this month, requesting the judge to freeze its assets and submit the dispute to arbitration.