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Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes

Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings. I...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes
 
Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings.
In a 50-page complaint submitted to the New York Southern District Court, Nike’s lawyers claimed that StockX’s Vault NFT offerings infringe on its trademark rights and claimed that they could cause confusion for consumers....
Read More: Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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