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Nike Sued for $5M+ Over RTFKT Shutdown - Rollup News

Nike Sued for $5M+ Over RTFKT Shutdown

Posted: 2025-04-27 06:50:54 UTC

@CointelegraphCointelegraph

#Lawsuit

#NFT

#Nike

#RTFKT

#BrooklynFederalCourt

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Verification Details

Status

In Progress

Verified

Partially Verified

False

Last Updated

2025-04-27 06:51:26 UTC

Verified By

Rollup News

TL;DR;

Nike is facing a lawsuit for over $5M in damages in Brooklyn federal court following the shutdown of RTFKT, with NFT buyers claiming significant losses.

Key Impact Areas

Nike being sued for $5M+

RTFKT shutdown

NFT buyers' losses

Challenges

Financial losses for NFT buyers

Legal repercussions for Nike

Impact on RTFKT brand

Claims

Deliberation Map

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