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 ...

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 digital assets accuse Nike of causing “the rug to be pulled out from ...

More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently ...

NEW YORK, April 28, 2025 /PRNewswire/ -- A class action RTFKT lawsuit has been filed against Nike, Inc. and its RTFKT Studios subsidiary. The complaint alleges deceptive marketing and other ...

On Friday, Nike was sued by buyers of its RTFKT non-fungible tokens (NFTs) who allege that the company engaged in deceptive marketing and other misconduct. Filed in New York’s Eastern District ...

In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden closure in December of Nike's RTFKT unit caused demand ...

Nike’s NFT case spotlights the unresolved question of whether digital assets are securities under shifting SEC interpretations. Plaintiffs increasingly leverage state consumer protection laws to ...

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed ...