# Nike faces $5 million class action lawsuit over shutdown of RTFKT

Source: https://www.theblock.co/post/352129/nike-class-action-lawsuit-nft-rtfkt
Kiwi News: https://news.kiwistand.com/stories/Nike-faces-dollar5-million-class-action-lawsuit-over-shutdown-of-RTFKT?index=0x680f6d1471fe78924b7ff626462801d09e58590f0d97162f3fa07cf07b2b635e48f89bfd
Submitted by macbudkowski.eth on 2025-04-28 UTC, 2 upvotes, 2 comments

## Comments

**macbudkowski.eth**: NFTs buyers accusing Nike of selling unregistered securities 😂

Related story:
https://news.kiwistand.com/stories/They-shouldve-right-click-saved?index=0x680a2ee08d346d41009927ac59a82737c2388792db1f1b420846bb15239519b6afb1d780

**naomiii.eth**: Another funny thing on that topic of Nike is that RTFKT meta data also disappeared for a bit - they migrated it to Arweave but still.. it just showed once again that people be building on sand (or whichever metaphor we want to use) 

https://x.com/PixOnChain/status/1915352785626845289