B
BTC $64,605 ↓ 1.4%
E
ETH $1,756 ↓ 1.6%
U
USDT $1.00 ↑ 0%
B
BNB $602.57 ↓ 0.1%
U
USDC $1.00 ↑ 0%
X
XRP $1.19 ↓ 1.7%
S
SOL $72.35 ↓ 1.3%
T
TRX $0.32 ↑ 1.4%
F
FIGR_HELOC $1.02 ↓ 1.4%
H
HYPE $73.43 ↑ 0.1%
D
DOGE $0.09 ↓ 1%
U
USDS $1.00 ↑ 0%
B
BTC $64,605 ↓ 1.4%
E
ETH $1,756 ↓ 1.6%
U
USDT $1.00 ↑ 0%
B
BNB $602.57 ↓ 0.1%
U
USDC $1.00 ↑ 0%
X
XRP $1.19 ↓ 1.7%
S
SOL $72.35 ↓ 1.3%
T
TRX $0.32 ↑ 1.4%
F
FIGR_HELOC $1.02 ↓ 1.4%
H
HYPE $73.43 ↑ 0.1%
D
DOGE $0.09 ↓ 1%
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.

Sign Up to Our Newsletter

Be the first to know the latest updates