The suit claimed the NFTs were unregistered securities, as Nike sold them without registering with the Securities and Exchange Commission. It accused the company of using “its iconic brand and ...

As 404 Media reports, tens of thousands of NFTs from a collection known as CloneX RTFKT — a collaboration between Nike's "digital sneakers" venture and Japanese visual artist Takashi Murakami ...

investors who lack the technical and financial sophistication necessary to have evaluated the risks associated with their investment in The Nike NFTs and were denied the information that would ...