News

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...
At least 19,800 RTFKT CloneX NFTs are visible again after Cloudflare claimed the NFT platform had violated its terms of ...
Ethereum NFT collectors noticed that images for multiple RTFKT collections were no longer showing—but a fix is in the works.
Nike, one of the world’s largest luxury fashion brands, has been served with a class action lawsuit for closing RTFKT NFT ...
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 in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.
Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue ...
A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its ...
Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...