B
BTC $122,373 ↓ 2.3%
E
ETH $4,570 ↓ 2.5%
B
BNB $1,272 ↑ 4.3%
U
USDT $1.00 ↑ 0%
X
XRP $2.91 ↓ 4%
S
SOL $224.30 ↓ 4.9%
U
USDC $1.00 ↑ 0%
S
STETH $4,564 ↓ 2.5%
D
DOGE $0.25 ↓ 4.9%
T
TRX $0.34 ↓ 1.1%
A
ADA $0.84 ↓ 3.6%
W
WSTETH $5,567 ↓ 2.2%
B
BTC $122,373 ↓ 2.3%
E
ETH $4,570 ↓ 2.5%
B
BNB $1,272 ↑ 4.3%
U
USDT $1.00 ↑ 0%
X
XRP $2.91 ↓ 4%
S
SOL $224.30 ↓ 4.9%
U
USDC $1.00 ↑ 0%
S
STETH $4,564 ↓ 2.5%
D
DOGE $0.25 ↓ 4.9%
T
TRX $0.34 ↓ 1.1%
A
ADA $0.84 ↓ 3.6%
W
WSTETH $5,567 ↓ 2.2%

D&G US Arm Cleared in NFT Lawsuit, Case in Doubt

A US federal judge has dismissed Dolce & Gabbana USA from a class-action lawsuit concerning its Italian parent company’s alleged abandoned NFT project. Judge Naomi Reice Buchwald ruled that D&G USA was not an “alter ego” of Dolce & Gabbana SRL and the complaint failed to adequately distinguish the two entities’ actions. The lawsuit, claiming over $25 million was withheld from the “DGFamily” NFT project, now faces an uncertain future as Dolce & Gabbana USA was the sole US-based defendant.

Sign Up to Our Newsletter

Be the first to know the latest updates