A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of the digital assets accuse Nike of causing “the rug to be pulled out from ...

More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently ...

According to a 404 Media report, this all goes back to 2021 when Nike, the shoe company, acquired RTFKT—pronounced "artifact," although you can say it differently if you like—for an unknown but ...

NEW YORK, April 28, 2025 /PRNewswire/ -- A class action RTFKT lawsuit has been filed against Nike, Inc. and its RTFKT Studios subsidiary. The complaint alleges deceptive marketing and other ...

On Friday, Nike was sued by buyers of its RTFKT non-fungible tokens (NFTs) who allege that the company engaged in deceptive marketing and other misconduct. Filed in New York’s Eastern District ...

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed ...

In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden closure in December of Nike's RTFKT unit caused demand ...