Nike Faces $5M NFT Meltdown Lawsuit

Apr 30 2025 bitcoin


Nike 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



We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.