Nike Faces $5M Lawsuit Over Alleged RTFKT NFT Rug Pull

Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features were scrapped. A group of NFT holders...

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Nike Faces $5M Lawsuit Over Alleged RTFKT NFT Rug Pull

Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features were scrapped. A group of NFT holders...

Nike Faces $5M Lawsuit Over Alleged RTFKT NFT Rug Pull

Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features were...

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