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Nike Hit With $5 Million Lawsuit Over Alleged NFT Securities Violations Decrypt 2 weeks ago

Nike Hit With $5 Million Lawsuit Over Alleged NFT Securities Violations ⚖️

Nike is entangled in a legal battle as plaintiffs file a $5 million lawsuit against the company. They accuse Nike of engaging in a "soft rug pull," leaving RTFKT NFT holders with assets they claim are now worthless. This highlights ongoing issues surrounding the intersection of traditional businesses and the NFT market.

Source: decrypt.co ↗