A class action lodged in Orange County Superior Court targets the Nelk Boys—YouTube prank duo Kyle Forgeard and John ...

A lawsuit filed on Thursday in Los Angeles Superior Court accused New Orleans Pelicans power forward Zion Williamson of a ...

With new narratives forming around modular infrastructure, zero-knowledge proofs, and wallet-based access rails, the ...

Just a few years ago, major companies from Nike to Coca-Cola were racing to launch Web3 ventures. Some are still ongoing; many have flamed out. And with the barrage of lawsuits now hitting NFT ...

What just happened? On the morning of April 24, thousands of digital images tied to Nike's high-profile CloneX NFT collection disappeared from the internet, replaced by a stark message ...

Nike has not yet commented on the lawsuit. As per Reuters, legal experts say this case could test whether companies can be held responsible when NFT projects fail. The lawsuit comes as the NFT ...

An investor on Friday filed a lawsuit in federal court in New York over Nike‘s closure of a subsidiary that sold virtual sneakers. In December, RTFKT, pronounced “Artifact,” said it would ...

Nike’s NFT case spotlights the unresolved question of whether digital assets are securities under shifting SEC interpretations. Plaintiffs increasingly leverage state consumer protection laws to ...

This is because Nike recently shut down RTFKT, the virtual project which centered on their NFT ventures that began in 2021. This has been the case with many NFT operations and offers all around ...