Nike Faces $5M NFT Meltdown Lawsuit

1 month ago 12

Rommie Analytics

Nike Faces $5M NFT Meltdown LawsuitNike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they were misled into buying what they now claim were unregistered securities, only to see their value collapse after Nike […]
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