Tag: lawsuit

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

• Facts

Nike, the sportswear behemoth, is still battling a lawsuit related to its RTFKT subsidiary. This company, wholly-owned by the NFL, exists to create, buy, sell, and trade digital collectibles and NFTs. The case originally focused on claims that Nike abruptly terminated its collaboration with RTFKT. This sudden policy shift resulted...

BAYC vs. Pauly0x: Yuga Labs Seeks $400K in Crypto Wallets

BAYC vs. Pauly0x: Yuga Labs Seeks $400K in Crypto Wallets

• Facts

The NFT universe, marked by the intersection of art, tech, and finance, has fueled its fair share of controversies. deliciousNFT.com has been following the beat of the decentralized drums and dishing out tasty morsels of information. For example, the recently settled court case between Yuga Labs, the makers of the...

BAYC Lawsuit: Is Yuga Labs Silencing Southeast Asian Artists?

BAYC Lawsuit: Is Yuga Labs Silencing Southeast Asian Artists?

• Commentary

The news is buzzing about Yuga Labs going after Ryder Ripps and Jeremy Cahen (Pauly0x) for trademark infringement, winning millions in damages, and now trying to seize crypto assets. On the face of it, this should be an open-and-shut case of copyright infringement, no? Let's peel back the layers and...

Oregon AG to Sue Coinbase Despite SEC's Crypto Shift

Oregon AG to Sue Coinbase Despite SEC's Crypto Shift

• Regulation

Oregon’s Attorney General warned Coinbase today, April 18, that it will bring a securities enforcement action against the company. This news was shared directly by Coinbase’s Chief Legal Officer, Paul Grewal on Twitter. This move comes in the wake of a widely reported recent turn by the Securities and Exchange...

Oregon's Coinbase Lawsuit A Rogue State's Last Gasp Or Needed Check?

Oregon's Coinbase Lawsuit A Rogue State's Last Gasp Or Needed Check?

• Commentary

Oregon's Attorney General is taking a swing at Coinbase with a lawsuit echoing the SEC's previously dropped case. Coinbase is calling it a “copycat case." To them, it’s a waste of taxpayer money and a dangerous return to “regulation by enforcement.” Is it really that simple? Or is there something...

Silks' Deadline: Can Rosen's Lawsuit Protect Southeast Asian NFT Artists?

Silks' Deadline: Can Rosen's Lawsuit Protect Southeast Asian NFT Artists?

• Commentary

The Rosen Law Firm's class action lawsuit against Game of Silks, with its looming April 25, 2025, lead plaintiff deadline, feels a world away for many. For NFT artists in Southeast Asia, it’s a first tremor that may set off an avalanche. We're talking about more than just a single...

Silks NFT Holders: ROSEN Lawsuit Deadline Approaching!

Silks NFT Holders: ROSEN Lawsuit Deadline Approaching!

• Facts

If you’re an existing owner of Game of Silks NFTs and you’re starting to feel like you’ve been had, don’t worry. Well, you're not alone. Now The Rosen Law Firm has announced a class action lawsuit. Apply today — the deadline to join as a lead plaintiff is coming up...

Game of Silks Deadline: Is Rosen Law's Suit a Web3 Wake-Up Call?

Game of Silks Deadline: Is Rosen Law's Suit a Web3 Wake-Up Call?

• Commentary

The clock is ticking for Game of Silks NFT holders. April 25, 2025 – that's the deadline to potentially step up as lead plaintiff in Rosen Law Firm's class action lawsuit. This isn't just about Silks. This is not a discussion of the Wild West that Web3 has evolved into,...

Game of Silks Faces Class Action Lawsuit Over Unregistered NFT Securities

Game of Silks Faces Class Action Lawsuit Over Unregistered NFT Securities

• NFT Drops

As such, a class action lawsuit has been filed against Game of Silks. The metaverse game that introduced real-life horse racing to the blockchain was sued for violating the Securities Act of 1933. The Rosen Law Firm, the same firm leading a lawsuit against Game of Silks, argues the company...

Kentucky Court Halts 18-State Lawsuit Against SEC Amid Leadership Change

Kentucky Court Halts 18-State Lawsuit Against SEC Amid Leadership Change

• Regulation

Additionally, a Kentucky federal judge has issued a 60-day stay in the lawsuit. This lawsuit, led by 18 state AGs and the DeFi Education Fund against the SEC. In early November 2023, a new legal challenge appeared on the scene. This lawsuit argues that the SEC has overstepped its boundaries...

DeGods Founder Steps Down! What's Next for the NFT Project?

So DeGods NFT project is at a really interesting inflection point. DeGoogled now Immutable CEO Rohun Vora, better known by his pseudonym DeGods, has resigned as CEO after three years running the ship. Leadership is changing. Reinforcing that trend, DeGods NFT sales are blasting off, particularly on Ethereum. This shift...

Crypto Developments Unfold Globally

Ripple's donations to Donald Trump, Russia's crypto platform for investors, crypto firms pursuing U.S. banking licenses, DeGods' trading surge, and Kyrgyzstan's collaboration with Binance highlight the latest developments in the cryptocurrency space. Taken together, these events are indicative of a larger, more dynamic shift in the global landscape of digital...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Out! Can New Leadership Revive the NFT Project?

Frank DeGods, the face and CEO of the DeGods NFT project, has stepped down after three years at the helm. His departure presents a turning point for the highly criticized project. While DOT’s fate hangs in the balance, could this agency be revitalized by new leadership? This comes after a...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

DeGods' New Dawn: Can Decentralization Save NFTs From Themselves?

Frank DeGods is out. Realistic goals Two pseudonymous figures we’re calling @0x_chill and @pastagotsauce are all the way in. The NFT world holds its breath. Beyond the leadership shuffle, a more profound question looms: can decentralization really finally save NFTs from the very problems that plague them? Beyond that, will...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

Solana's New Tokens: Are Whales Manipulating HOTMOM, DOOD, and IKUN?

In short, are we just seeing Wild West 2.0, but on Solana blockchain this time? Assets such as HOTMOM, DOOD, and IKUN soared in the third week of May 2025. Their increase has been astronomical to say the least. But behind the flashy headlines and impressive daily transaction volumes, a...