Nike Faces $5 Million Class Action Over Alleged NFT Rug Pull After RTFKT Shutdown
Key Insights Nike is facing a class action lawsuit after its NFT subsidiary, RTFKT, shut down in January. Investors allege…
Shaquille O’Neal Faces Partial Setback in U.S. Court Over Astrals NFT Lawsuit
Key Insights U.S. court partially upholds lawsuit against Shaquille O’Neal over his involvement in the Astrals NFT project. Court dismisses…
S.Korea Regulator to Treat Some NFTs as Cryptocurrencies
Key Insights South Korea’s financial regulator issued new guidelines on regulating NFTs. Certain NFTs that are mass-produced, transferable, fractionalized, or…
FIFA Launches NFT Collection Ahead of World Cup Club Finals in Saudi Arabia
Key Insights FIFA is launching an inaugural NFT collection of 1,000 items ahead of the Club World Cup, including 100…
Mercedes Benz Unveils New NFT Collection
Key Insights Mercedes-Benz unveils “Mercedes-Benz NXT Icons,” an NFT collection bridging past and present design, immersing enthusiasts in the brand’s…