Nike: Nike, Inc. Sued Over Investor Losses Incurred After Closure of RTFKT Unit
The company is now being sued by purchasers of NFTs (non-funglible tokens) that originated with Nike's December 2021 acquisition of the RTFKT, a virtual sneaker design company and studio for NFTs.
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Nike is an Oregon-based athletic footwear and apparel company that designs, manufactures, and sells shoes, scandals and pants for men, women and kids.
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