Sunday, 21 Jun, 2026

Nike Faces Landmark Lawsuit Following the Collapse of RTFKT Metaverse Operations

In a high-stakes legal confrontation that could redefine the regulatory landscape for digital assets, sportswear titan Nike Inc. is facing a class-action lawsuit following the shuttering of its non-fungible token (NFT) division, RTFKT Studios. The lawsuit, spearheaded by Australian resident Jagdeep Cheema and a group of aggrieved investors, alleges that the company engaged in misleading […]