Nike Sues StockX over Swoosh NFTs
The Eager Beavertons are accusing StockX of creating and selling Nike-branded sneaker NFTs without authorization, in a suit filed in SDNY federal court. StockX is minting “Vault NFTs” which it purports will track ownership of actual sneakers safely secured in its “vault,” Nike alleges, but the terms are misleading and vague, and it is not clear that the NFT will actually ... Log in to view full article.
