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Benzinga
Benzinga
Business
Adam Eckert

Nike Sues StockX Over Vault NFT Series: What Investors Need To Know

Nike Inc (NYSE:NKE) is taking legal action against a shoe reseller that has the potential to lay the groundwork for the reach of trademark law across the cryptocurrency space.

What Happened: Nike filed a lawsuit against StockX, alleging that the clothing reseller used "Nike’s famous marks" in connection with the company's entry into the non-fungible token market.

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