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

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

A proposal for a class action lawsuit is accusing Nike of engaging in a "rug pull" by shutting down operations for its RTFKT ...

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

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

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

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

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

Nike is now facing a lawsuit from its NFT customers after shutting down RTFKT, its virtual project featuring the tokens.

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

Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its ...