But like many gambles during the NFT boom, things didn't work out. Nike's closed the company, and now it's been sued. RTFKT ...

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT ...

The disruption was not the result of a hack or a blockchain malfunction, but rather a mundane technical issue. The images for the CloneX NFTs – ...

Nike is being hit with a class action lawsuit demanding over $5 million in damages after shutting down its Web3 NFT platform ...

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...

By this point, it's pretty clear the NFTs that were positioned as The Next Big Thing a few years ago did not end up living up ...

Fresh concerns over a potential soft rug pull have resurfaced after the MELANIA team moved $1 million in tokens from Meteora ...

Nike faces a class-action lawsuit alleging deceptive practices and securities fraud through its RTFKT subsidiary's NFT collections. The lawsuit accuses Nike of conducting a "brazen rug pull" and ...

The lawsuit digs into a core issue: Nike allegedly marketed RTFKT NFTs not just as collectibles, but as access passes to ...

A class action lawsuit in New York’s Eastern District was filed on Friday with plaintiffs, led by Jagdeep Cheema, seeking ...