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Posted: 2025-04-27 12:44:56 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-27 12:45:22 UTC
Verified By
Rollup News
Nike is facing a class-action lawsuit after shutting down its crypto unit RTFKT, leading to losses for NFT buyers. Plaintiffs allege the sale of unregistered securities and seek over $5M in damages.
Nike's RTFKT crypto unit shutdown
Class-action lawsuit filed against Nike
Allegations of selling unregistered securities
NFT buyers' financial losses
Seeking over $5M in damages
Nike's abrupt shutdown of RTFKT
Financial losses suffered by NFT buyers
Legal allegations of selling unregistered securities
Proving the unregistered securities claim in court