Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Nike has filed a lawsuit against StockX in New York federal court over selling unauthorized images of the Sneaker giant in the market. This makes it the latest lawsuit over digital assets known as... [[ This is a content summary only. Visit my website for full links, other content, and…
Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features were scrapped. A group of NFT holders has filed a class-action lawsuit against Nike, accusing the company of conducting a “rug pull” with its RTFKT.…