Nike’s NFT Shutdown Sparks $5M Securities Lawsuit
Nike’s moon-shot into digital couture is now a legal meteor shower. On Friday, a group of collectors led by Australian investor Jagdeep Cheema filed a class-action complaint in Brooklyn federal court, alleging the sportswear titan vaporized the value of their RTFKT non-fungible tokens when it shuttered the studio in December 2024. They’re demanding upward of […]
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