Sportswear giant Nike is reportedly facing a lawsuit following the closure of its non-fungible token (NFT) business. In 2021, Nike purchased RTFKT Studios, a collectibles firm known for creating viral sneaker designs, memes and other fashionable digital collectibles as it ventured into the metaverse, but the company shut down the project in December.
source: https://dailyhodl.com/2025/04/27/crypto-investors-sue-nike-accuse-apparel-giant-of-rug-pull-after-abrupt-closure-of-metaverse-business-report/