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Nike Sued for Over $5 Million After NFT Collapse
- Nike is facing a $5M+ lawsuit after shutting down its RTFKT NFT unit.
- Buyers accuse Nike of misleading NFT sales and seek damages exceeding $5 million.
- Current U.S. laws fail to clarify NFTs' status, leading to an increasing number of lawsuits.
- Nike pledges to preserve RTFKT's innovation despite legal challenges.
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