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

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

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

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

But like many gambles during the NFT boom, things didn't work out. Nike's closed the company, and now it's been sued. RTFKT ...

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

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

Once a marketing gold rush, web3 bets by brands like Nike and DraftKings are now ending in courtroom battles—and collapsing ...

Nike is in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...