The collapse of FTX last September sent shockwaves through the crypto world, and the fallout is still ongoing. Currently, FTX is pursuing lawsuits to reclaim these assets, including lawsuits against NFT Stars and Delysium. Token ATH! Token ATH! is your guide to understanding all of this — what’s going on,...
Nike is in the midst of a $5 million class action lawsuit brought by unhappy buyers of its non-fungible tokens (NFTs). Yet the lawsuit goes on to claim that Nike’s hasty actions in shutting down the RTFKT platform voided huge swathes of properties, drastically plunging the market value of digital...
Token ATH! is following this fast-moving story. Kinney makes the case that this is a development that might most profoundly affect the NFT universe. Photo by 360b via Shutterstock Nike is facing a lawsuit claiming it engaged in misleading practices with its NFT sales. The central question: Could this be...
The class action lawsuit against Nike over its RTFKT NFT offerings is about much more than a legal dispute. It should act as a wake-up call for the entire digital asset market. While the headlines scream "rug pull," the underlying issues point to critical flaws in how we approach NFTs...
Meanwhile, the bankrupt cryptocurrency exchange FTX is increasing its stakes in its asset recovery efforts. Earlier this month, for instance, it took successful legal action against NFT Stars Limited and Kurosemi Inc., the operator of the Delysium platform. These types of lawsuits concentrate on claims that each company failed to...
As exciting and innovative of a space as NFTs is, it certainly isn’t free from legal actions. A new lawsuit has hit Nike and its newly-acquired subsidiary, RTFKT. As with many existing cases, this case underscores the risks and complexities associated with this new digital asset class. The suit explores...
Nike is being sued over what plaintiff calls a “textbook rug pull” with its Non-Fungible Tokens (NFTs). The lawsuit, titled Cheema v. Nike, Inc., alleges that the athletic apparel totem took advantage of the popularity of NFTs. It further claims that Nike misled investors as the market started to turn...
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...
The universe of NFTs, or Non-Fungible Tokens, is the current digital asset wild west craze. It’s an industry where fortunes can be made or lost in the blink of an eye! At Token ATH!, we’re monitoring these advancements, cutting through the noise and BS. One of the most recent cases...
The Nike NFT lawsuit isn’t all about digital sneakers and disgruntled investors. It's a flashing red light signaling a broader vulnerability in our financial system, a system increasingly intertwined with unregulated digital assets. This is not just a crypto issue; this is a market stability issue that requires urgent attention.NFTs:...
The world of NFTs is full of surprises and twists. Right after you think you’ve seen the last big twist, here comes another one. This time around, the focus is on one of the most hyped NFT projects in the space — DeGods. As many know, Rohun Vora, more famously...
On Monday, Rohun Vora announced his resignation as chief executive, bringing an end to his three-year tenure. He’s the founder behind the DeGods NFT collection. Vora shared news of his exit on X, saying that his tenure as the CEO of DeGods is finished, the overall DeGods story is not....
Rohun Vora’s resignation as CEO of DeGods sent shockwaves through the NFT community and world—sparking intense discussion and speculation with its announcement. A surge in sales followed, a counterintuitive reaction that begs the question: are we witnessing a strategic masterstroke or a potential unraveling? As someone who's seen enough market...
Rohun Vora is out as DeGods CEO. Sales are up. Everyone's talking about decentralization. Hold on before you pull out the party hats for this new Web3 revolution—let’s pump the brakes. Is this really about empowering the community, or is this just another power play in disguise?Decentralization Theater Or Real...
The DOOD token's launch wasn't just a blip. It's a blaring siren for crypto's real problem: wealth inequality. From a distance, you can watch the hype, the million-dollar market cap dreams, and then bam, the rug pull in slow motion. DOOD’s drop is not a surprising one-off. It’s the canary...
When the DOOD token launched, there was quite a bit of excitement. As the brainchild of the world-famous Doodles NFT collection, it rocked the already raucous NFT world. A minimum of a $100 million market cap from day one? It reeked of excitement, it whistled of hype, and quite honestly,...
Its introduction of a native token, $DOOD, on May 9, 2025, was well-publicized. That optimism soon soured as the new token plummeted over 99% in value. Token ATH! will analyze what went down, and most importantly, why it went down. We’ll dive into what this means for the future of...
The cryptocurrency market is frequently described as volatile, but the recent market movements have made those characterizations almost an understatement. One of the biggest big news is XRP’s recent pump. Not only has ETH performed better than most of its counterparts during the crypto bear market, it recently overtook crypto...