The NFT market, that hot new thing that catapulted into an over $40 billion industry, has since tanked. The crypto winter has ...

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

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

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

Nike pulled the rug out from under investors, the complaint says. The post Nike Accused of ‘Misleading’ NFT Scheme In Lawsuit ...

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

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

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

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

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

Ethereum NFT collectors noticed that images for multiple RTFKT collections were no longer showing—but a fix is in the works.

Nike is being sued by a group of buyers over the sudden shutdown of its NFT unit, RTFKT, in December 2024. Plaintiffs claim ...