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 ...

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

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

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

In the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds ...

Nike faces a $5M class-action lawsuit over RTFKT NFTs. Find out what this legal battle means for the future of NFTs, digital ...

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 plaintiffs are seeking unspecified damages of more than $5 million USD for alleged violations of consumer protection laws ...

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

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

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