Nike May Be Facing a $5 Million Lawsuit for Shuttering Its NFT Platform

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT NFT platform.

The suit was filed Friday in a Brooklyn federal court with Australian resident Jadeep Cheema leading the group of aggrieved customers for Nike’s digital sneakers. Read more at Robb Report.