StockX Responds to Nike’s Legal Action Over NFTs and Counterfeit Shoes

Nike sued StockX, a major online sneaker retailer, in February for introducing a non-fungible token (NFT) series based on Nike’s shoes. Last month, it accused StockX of intentionally selling counterfeits, which should be inconceivable given that StockX claims to validate the shoes offered on its website. StockX is now taking revenge. Nike’s complaint is “nothing more than a futile attempt to bolster the still baseless allegations,” the shoe salesman said. In January, StockX launched its Vault NFT series. According to […]

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