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 ...

Each NFT generally differs in makeup, and therefore likely differs in value as well. In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S ...

Pudgy Penguin NFTs experienced a significant jump in sales in the past week. PENGU broke above its 21-day EMA with strong volumes. The token found strong resistance at $0.12 as it hit a large ...

Stay up to date on all NFT related stocks with Benzinga Pro, your go-to stock market research platform with real-time news and actionable insights. A non-fungible token (NFT) is a cryptographic ...

Here's what you need to know. NFT stands for "non-fungible token." NFTs are used to indicate ownership or another usage right of a unique asset -- usually a digital asset such as a piece of art ...

Coinbase offers a separate NFT trading platform and private client services. Coinbase caters to different investors through its Pro, Advanced Trade, and Prime platforms. A Coinbase One ...

The NFT and crypto traders have complained that they suffered massive losses after the closure of the RTFKT, its digital asset incubation studio, and NFT marketplace. Nike faces a $5m lawsuit ...

Wow, eh? Ah, but it didn't last. Nike soured on NFTs and announced at the end of 2024 that it was pulling the plug on RTFKT. Around the same time, RTFKT said it would launch a new website to ...

The FTX Estate has sued token issuers NFT Stars and Delysium, alleging they failed to deliver tokens owed under investment agreements with Alameda Ventures. The lawsuits, filed in Delaware bankruptcy ...

Investors claim they were blindsided when Nike pulled its support in December 2024. Lawsuit claims consumer protection violations and seeks damages for lost NFT values. The world’s largest sportswear ...

But in late 2024, Nike abruptly announced RTFKT was shutting down. The news sent NFT values crashing almost overnight, leaving thousands of investors out of pocket. Lead plaintiff Jagdeep Cheema, who ...