allege
Nike Faces Legal Firestorm: Investors Allege ‘Rug Pull’ Following RTFKT Shutdown
Sportswear titan Nike, a global symbol of athletic innovation and cultural dominance, finds itself entangled in a high-stakes legal battle that threatens to reshape the narrative surrounding corporate involvement in the digital asset space. Following the shuttering of its non-fungible token (NFT) subsidiary, RTFKT Studios, the company is now the target of a class-action lawsuit […]
Nike Faces Legal Firestorm: Investors Allege $5 Million ‘Rug Pull’ Following RTFKT Closure
In a landmark legal challenge that could redefine the regulatory landscape for digital collectibles, sportswear titan Nike Inc. is facing a class-action lawsuit following the shuttering of its non-fungible token (NFT) division, RTFKT Studios. The lawsuit, filed in the wake of the project’s dissolution in December 2024, marks a significant escalation in the ongoing debate […]
