Nike is facing a significant class-action lawsuit from purchasers of its RTFKT NFTs after the company abruptly shut down its digital-asset division in December 2024. According to Reuters, the plaintiffs allege that the closure effectively destroyed the NFTs’ value and amounted to misleading conduct by one of the world’s largest consumer brands.
Cryptocurrency exchanges play a pivotal role in the digital asset ecosystem, facilitating billions in daily transactions. However, their involvement in scam recovery remains a contentious legal issue. As crypto fraud rises, victims increasingly demand accountability from exchanges.
Cryptocurrency exchanges play a pivotal role in the digital asset ecosystem, facilitating billions in daily transactions. However, their involvement in scam recovery remains a contentious legal issue. As crypto fraud rises, victims increasingly demand accountability from exchanges. But what legal responsibilities do these platforms have in aiding scam recovery? This article explores their obligations, challenges, and evolving regulatory frameworks.
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