Nike is being hit with a class action lawsuit demanding over $5 million in damages after shutting down its Web3 NFT platform ...

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

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

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

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

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

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.

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

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

Once a marketing gold rush, Web3 bets by brands like Nike and DraftKings are now ending in courtroom battles—and collapsing ...