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The Verge
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Nike is facing a lawsuit from people who bought its NFTs
- Nike is facing a lawsuit over its decision to wind down its virtual shoe project, RTFKT.
- Buyers of Nike's NFTs accuse the company of selling 'unregistered securities.'
- The proposed class-action lawsuit seeks unspecified damages of over $5 million.
- Nike announced in December 2021 that it planned to wind down RTFKT operations.
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