Nike faces a class-action lawsuit alleging deceptive practices and securities fraud through its RTFKT subsidiary's NFT collections. The lawsuit accuses Nike of conducting a "brazen rug pull" and ...

The London Marathon took place on Sunday and Tigst Assefa of Ethiopia set a record time for the women’s-only marathon, while ...

A class action lawsuit in New York’s Eastern District was filed on Friday with plaintiffs, led by Jagdeep Cheema, seeking ...

Nike is being hit with a class action lawsuit demanding over $5 million in damages after shutting down its Web3 NFT platform ...

The lawsuit digs into a core issue: Nike allegedly marketed RTFKT NFTs not just as collectibles, but as access passes to ...

By this point, it's pretty clear the NFTs that were positioned as The Next Big Thing a few years ago did not end up living up ...

The disruption was not the result of a hack or a blockchain malfunction, but rather a mundane technical issue. The images for the CloneX NFTs – ...

But like many gambles during the NFT boom, things didn't work out. Nike's closed the company, and now it's been sued. RTFKT ...

Nike's closed the company, and now it's been sued. pic.twitter.com/ySShPa0I7rDecember 2, 2024 RTFKT made virtual sneakers and ...

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...

US stocks lose narrowly mixed, with a busy earnings and economic data week ahead. Investors also seek clues on how tariffs ...

The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...