Nike Faces $5M NFT Meltdown Lawsuit

Nike is going through a category motion lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving traders with important losses tied to Nike-themed NFTs and digital property. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they have been misled into shopping for what they now declare have been unregistered securities, solely to see their worth collapse after Nike […]



Source link