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Reading Time: 2 minutesNike has been hit with a class action lawsuit alleging that its RTFKT NFTs were unregistered securities The lawsuit claims Nike orchestrated a “rug pull” by shutting down RTFKT, decimating the NFTs’ value Plaintiff Jagdeep Cheema argues that he was misled by Nike’s marketing…
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Nike Accused of RTFKT NFT “Rug Pull” in Class Action Lawsuit
Reading Time: 2 minutesNike has been hit with a class action lawsuit alleging that its RTFKT NFTs were unregistered securities The lawsuit claims Nike orchestrated a “rug pull” by shutting down RTFKT, decimating the NFTs’ value Plaintiff Jagdeep Cheema argues that he was misled by Nike’s marketing…