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 ...

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

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

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

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

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

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

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

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 ...