Tag: fashion

Nike Faces $5 Million Lawsuit Over RTFKT NFT Project

Nike Faces $5 Million Lawsuit Over RTFKT NFT Project

Nike is facing its own lawsuit at the moment. Plaintiffs are proposing more than $5 million in damages, alleging that the company broke consumer protection laws in multiple states. The court case plays out across four states — New York, Oregon, Florida and California. We wish the plaintiffs the best...

Nike's NFT Shutdown: $5M Lawsuit & What It Means For You

Nike's NFT Shutdown: $5M Lawsuit & What It Means For You

Nike, the world’s leading supplier of athletic apparel and footwear is currently in a legal fight. This conflict further plunges us into the much hyped, but little understood world of NFTs. A class-action lawsuit has been filed against the company by disgruntled buyers of non-fungible tokens (NFTs) associated with its...