News

Nike is being hit with a class action lawsuit demanding over $5 million in damages after shutting down its Web3 NFT platform ...
A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT ...
Fresh concerns over a potential soft rug pull have resurfaced after the MELANIA team moved $1 million in tokens from Meteora ...
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 ...
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.
Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down ...
The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...
Nike is in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.