News

Nike sued over shuttered sneaker NFT business
The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...
Creative Bloq on MSN10h
Nike's NFT controversy shows the risk of jumping on passing trends
Nike's closed the company, and now it's been sued. pic.twitter.com/ySShPa0I7rDecember 2, 2024 RTFKT made virtual sneakers and ...
SGB Online20h
Nike, Inc. Sued Over NFT Investor Losses Incurred After Closure of RTFKT Unit
Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...
Nike faces $5 million lawsuit after Cloudflare outage temporarily wipes its NFT images
The disruption was not the result of a hack or a blockchain malfunction, but rather a mundane technical issue. The images for the CloneX NFTs – ...
Nike is facing a lawsuit from people who bought its NFTs
A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...
CoinJournal1d
Nike sued for $5 million over RTFKT NFTs: check key details
Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...
Thousand Of NFTs Disappeared After Company Behind Them Switched To A Cheaper Storage Service
By this point, it's pretty clear the NFTs that were positioned as The Next Big Thing a few years ago did not end up living up ...
NFT Purchasers Sue Nike Over Alleged Crypto Scam
In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...
Tech Times1d
Nike Faces Lawsuit From NFT Customers Claiming 'Digital Shoes' Are 'Unregistered Securities'
Nike is now facing a lawsuit from its NFT customers after shutting down RTFKT, its virtual project featuring the tokens.