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Nike Gets Dragged to Court After Abruptly Axing Its NFT Crypto Venture

Nike Gets Dragged to Court After Abruptly Axing Its NFT Crypto Venture

CryptotimesIO
Author:
CryptotimesIO
Release Time:
2025-04-27 01:59:29
0

Nike Sued Over Closure of Crypto Business Linked to NFTs

Another corporate crypto experiment bites the dust—but this time, lawyers are circling.

Nike faces a lawsuit after pulling the plug on its NFT-linked crypto business, leaving investors fuming and Web3 skeptics nodding knowingly. The sportswear giant’s blockchain ambitions just got tackled harder than a rookie quarterback.

Legal docs allege Nike ’abandoned its community’ when it sunsetted the project. Meanwhile, finance bros whisper: ’Told you so’ between sips of their $28 artisanal cold brews.

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