As 404 Media reports, tens of thousands of NFTs from a collection known as CloneX RTFKT — a collaboration between Nike's "digital sneakers" venture and Japanese visual artist Takashi Murakami ...

On April 25, purchasers of Nike non-fungible tokens (NFTs) filed a class action complaint in the US District Court for the Eastern District of ...

Nike is being hit with a class action lawsuit demanding over $5 million in damages after shutting down its Web3 NFT platform RTFKT in January. A group of RTFKT users filed the lawsuit in the ...

Nike would profit in its initial sale of tokens and would also get its cut any time one of its NFTs were bought or sold on the secondary market. Some of the NFTs could be redeemed for real-life ...

investors who lack the technical and financial sophistication necessary to have evaluated the risks associated with their investment in The Nike NFTs and were denied the information that would ...

the “Nike Cryptokicks.” The launch featured 20,000 NFTs, some of which fetched up to six-figure sums. However, customers paid between $4,000 and $9,500 in cryptocurrency for most of the NFT ...

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential state and federal law claims on behalf of purchasers of Nike-themed non-fungible tokens (“NFTs ...