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Nike is facing a class action lawsuit for shutting down its cryptocurrency unit RTFKT

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2025-04-27 08:03:26
Nike is facing a class action lawsuit for abruptly shutting down its cryptocurrency unit, RTFKT, resulting in significant losses for NFT buyers. The plaintiffs allege that Nike sold unregistered securities and "took inaction against the holders". The plaintiffs seek damages in excess of $5 million.
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