Nike tried to capitalize on NFT hype in 2021 by buying a “digital shoe” company before shutting it down last year. Nike tried to capitalize on NFT hype in 2021 by buying a “digital ...

On Friday, Nike was sued by buyers of its RTFKT non-fungible tokens (NFTs) who allege that the company engaged in deceptive marketing and other misconduct. Filed in New York’s Eastern District ...

NEW YORK, April 28, 2025 /PRNewswire/ -- A class action RTFKT lawsuit has been filed against Nike, Inc. and its RTFKT Studios subsidiary. The complaint alleges deceptive marketing and other ...

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT NFT platform. The suit was filed Friday in a Brooklyn federal court ...

In December, RTFKT, pronounced “Artifact,” said it would cease operations the next month. Nike had purchased the company in 2021 as part of its move into the immersive digital reality known as ...

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT NFT platform. The suit was filed Friday in a Brooklyn federal court ...