A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of the digital assets accuse Nike of causing “the rug to be pulled out from ...

More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently ...

In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden closure in December of Nike's RTFKT unit caused demand ...

On Friday, Nike was sued by buyers of its RTFKT non-fungible tokens (NFTs) who allege that the company engaged in deceptive marketing and other misconduct. Filed in New York’s Eastern District ...

NEW YORK, April 28, 2025 /PRNewswire/ -- A class action RTFKT lawsuit has been filed against Nike, Inc. and its RTFKT Studios subsidiary. The complaint alleges deceptive marketing and other ...

if you blinked and missed it all). Nike entered the fray when it bought the 'digital shoe company' RTFKT. But like many gambles during the NFT boom, things didn't work out. Nike's closed the ...

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed ...