News

Thousand Of NFTs Disappeared After Company Behind Them Switched To A Cheaper Storage Service
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 ...
Nike is facing a lawsuit from people who bought its NFTs
A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...
Creative Bloq on MSN10h
Nike's NFT controversy shows the risk of jumping on passing trends
Nike's closed the company, and now it's been sued. pic.twitter.com/ySShPa0I7rDecember 2, 2024 RTFKT made virtual sneakers and ...
NFT Purchasers Sue Nike Over Alleged Crypto Scam
In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...
Nike faces $5 million lawsuit after Cloudflare outage temporarily wipes its NFT images
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 – ...
Creative Bloq on MSN10h
Nike's getting sued over its NFT trainer business
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 ...
Nike sued over shuttered sneaker NFT business
The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...
SGB Online19h
Nike, Inc. Sued Over NFT Investor Losses Incurred After Closure of RTFKT Unit
Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...
The Daily Hodl2d
Crypto Investors Sue Nike, Accuse Apparel Giant of Rug Pull After Abrupt Closure of Metaverse Business: Report
Sportswear giant Nike is reportedly facing a lawsuit following the closure of its non-fungible token (NFT) business.