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

Sportswear giant Nike is reportedly facing a lawsuit following the closure of its non-fungible token (NFT) business.

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

A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...

Nike is currently caught up in a $5 million class action suit after abruptly declaring that it would be closing down RTFKT, its digital collectibles business that was committed to NFTs (non-fungible ...

Lead plaintiff, Australian investor Jagdeep Cheema, claims Nike’s move to shut down RTFKT in December 2024 abruptly wiped out ...

An attorney for a Nike USA customer faced skeptical questioning Tuesday from a federal appeals court over the customer’s attempt to revive a lawsuit alleging the company falsely marketed its ...

A FL district court ruled that the Eager Beavertons met the standard to be granted a permanent injunction against social media influencer Eben Fox (a.k.a. Cedaz). The court agreed that Fox is liable ...

Nike has agreed to settle a sexual discrimination lawsuit brought by four ex-employees, ending a protracted legal battle that tarnished the company’s reputation and allowing new CEO Elliott Hill ...