Tech

Nike Files Lawsuit Against StockX For Selling Unauthorized Sneaker NFTs


AfroTech previously shared that Lil Yachty filed a trademark infringement lawsuit against Opulous, an artist-focused NFT platform. According to the rapper, the company “maliciously” used his name and likeness without his permission, yet made a profit of $6.5 million.

“Of course, it is axiomatic that in order to offer the ownership interest to any musician’s copyrighted work, defendant, Opulous, must first have the agreement and consent of the musician at issue to sell the copyright to his or her work, with the musician in turn entitled to a share of the proceeds from the sale thereof,” the lawsuit filed in federal court in Los Angeles states.

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