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

In the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds ...

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...

In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...

Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down ...

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

A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...

Nike, one of the world’s largest luxury fashion brands, has been served with a class action lawsuit for closing RTFKT NFT ...

Nike is facing a lawsuit from NFT (non-fungible tokens) buyers who claim the company left them with worthless digital assets ...

Nike is in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.

Nike is now facing a lawsuit from its NFT customers after shutting down RTFKT, its virtual project featuring the tokens.