A group of NFT buyers has filed a lawsuit against Nike after the abrupt shutdown of RTFKT’s NFT unit in December 2024. They claim that the closure led to substantial financial losses, with damages sought exceeding 5 million USD
The lawsuit raises questions about whether NFTs should be classified as unregistered securities, amidst ongoing legal inquiries in the U.S. This case highlights the risks and uncertainties investors face in the crypto and NFT space.
Leave a Reply