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 ...

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

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

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

Nike is in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.

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

Nike faces a $5M lawsuit over the closure of its crypto business, RTFKT. Plaintiffs claim losses due to waning NFT demand ...

In the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds ...