#rtfkt

#rtfkt

Nike's closure of RTFKT has led to a class action lawsuit from NFT owners seeking damages.

Nike's closure of RTFKT underscores the challenges brands face in balancing innovation with immediate financial performance.

Nike faces a lawsuit from NFT buyers after ending RTFKT operations, who claim they were misled regarding the nature of their purchases.

The debacle around the CloneX NFTs demonstrates the risks and unforeseen consequences of investing heavily in digital assets without sustainable infrastructure.

Nike's closure of RTFKT and ensuing lawsuits reflect the troubled trajectory of NFTs and their classification as securities.