Nike is now facing a lawsuit from its NFT customers after shutting down RTFKT, its virtual project featuring the tokens.

Nike, one of the world’s largest luxury fashion brands, has been served with a class action lawsuit for closing RTFKT NFT ...

Nike has been hit with a class-action lawsuit accusing it of a rug pull over the shutdown of its NFT platform RTFKT earlier ...

Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down ...

In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...

Nike is facing a lawsuit from NFT (non-fungible tokens) buyers who claim the company left them with worthless digital assets ...

The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...

Brands like Nike and Starbucks retreat from NFTs, facing market collapse, lawsuits, and shifting to sustainable digital ...

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...

The disruption was not the result of a hack or a blockchain malfunction, but rather a mundane technical issue. The images for ...

A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT ...