B
BTC $77,043 ↓ 1.3%
E
ETH $2,254 ↓ 0.6%
U
USDT $1.00 ↑ 0%
B
BNB $699.67 ↓ 1.7%
X
XRP $1.24 ↓ 0.5%
U
USDC $1.00 ↑ 0%
S
SOL $92.60 ↓ 2.2%
T
TRX $0.32 ↑ 1.7%
F
FIGR_HELOC $1.05 ↑ 0%
Z
ZEC $1,189 ↓ 3.9%
H
HYPE $83.92 ↓ 4.9%
D
DOGE $0.07 ↓ 2.1%
B
BTC $77,043 ↓ 1.3%
E
ETH $2,254 ↓ 0.6%
U
USDT $1.00 ↑ 0%
B
BNB $699.67 ↓ 1.7%
X
XRP $1.24 ↓ 0.5%
U
USDC $1.00 ↑ 0%
S
SOL $92.60 ↓ 2.2%
T
TRX $0.32 ↑ 1.7%
F
FIGR_HELOC $1.05 ↑ 0%
Z
ZEC $1,189 ↓ 3.9%
H
HYPE $83.92 ↓ 4.9%
D
DOGE $0.07 ↓ 2.1%

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.

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