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Online marketplace challenged for alleged misstatements about NFTs | Eversheds Sutherland (US) LLP

On May 13, 2022, a putative class action was filed in federal court against an online secondary marketplace that sells luxury goods (e.g., sneakers, handbags, and electronics) and,.

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Lawsuit targets NFTs, sneakers sold on StockX

MIAMI (Legal Newsline) - A marketplace for non-fungible tokens is accused of selling products with no value.

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Nike StockX Battle Heats Up | Venable LLP

A couple of weeks ago, we wrote an article concerning Nike's lawsuit against StockX. The original complaint primarily concerned StockX's nascent NFT program and Vault NFT offerings,.

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Nike Asks for Permission to Revise Pleading in Swoosh NFT Trademark Suit

Nike Asks for Permission to Revise Pleading in Swoosh NFT Trademark Suit
lawstreetmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawstreetmedia.com Daily Mail and Mail on Sunday newspapers.

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StockX raises another $255 million at $3 8 billion valuation

StockX raises another $255 million at $3.8 billion valuation Sneakers, mouse statues and other high-end collectibles are paying off well for StockX Inc. Adding another $255 million in new capital, the valuation for the Detroit-based e-commerce platform has surged to nearly $4 billion, the company said in a news release Thursday morning. The latest round of financing consists of a $195 million secondary tender offering, as well as an additional $60 million in Series E-1 primary shares at a $3.8 billion valuation. The tender offer is a mechanism used by later-stage startups like StockX to offer liquidity to existing shareholders. This news signals the broad recognition and excitement for the long-term value of StockX s business as well as a growing appreciation for marketplace experiences, StockX CEO Scott Cutler said in the release. Fundamental shifts in both consumer buying and investing behavior provide an immense growth opportunity for StockX, which has long lived at the

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