Nike sued StockX for selling NFTs featuring the brand’s shoes
Sports footwear and apparel manufacturer Nike has sued online reseller StockX for illegally selling non-fungible tokens featuring the brand’s sneakers. According to a lawsuit filed by Nike in New York federal court, Detroit-based online platform StockX began selling these NFTs last month. StockX promised buyers that they would be able to exchange tokens for physical Nike shoes in the near future and sold over 500 NFTs. The branded merchandise maker has claimed that StockX collectible…
