Nike faces class-action lawsuit over shutting down cryptocurrency unit RTFKT

Crypto 7x24

2025-04-27 18:19:02

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Internet reports that Nike faces a class-action lawsuit over the sudden closure of its cryptocurrency arm RTFKT, causing significant losses to NFT buyers. The plaintiff claimed that Nike sold unregistered securities and "took inaction measures against the holders." The plaintiff seeks more than $5 million in damages.

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