B
BTC $67,201 ↓ 1.7%
E
ETH $1,969 ↓ 0.7%
U
USDT $1.00 ↑ 0%
B
BNB $619.28 ↓ 1.6%
X
XRP $1.36 ↓ 1%
U
USDC $1.00 ↑ 0%
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SOL $83.04 ↓ 2.1%
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TRX $0.29 ↑ 0.7%
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FIGR_HELOC $1.02 ↑ 0%
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DOGE $0.09 ↓ 1.8%
W
WBT $53.83 ↓ 1.6%
U
USDS $1.00 ↑ 0%
B
BTC $67,201 ↓ 1.7%
E
ETH $1,969 ↓ 0.7%
U
USDT $1.00 ↑ 0%
B
BNB $619.28 ↓ 1.6%
X
XRP $1.36 ↓ 1%
U
USDC $1.00 ↑ 0%
S
SOL $83.04 ↓ 2.1%
T
TRX $0.29 ↑ 0.7%
F
FIGR_HELOC $1.02 ↑ 0%
D
DOGE $0.09 ↓ 1.8%
W
WBT $53.83 ↓ 1.6%
U
USDS $1.00 ↑ 0%

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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