Nike Alleges that the StockX 99.95% Authentication Accuracy Rate is a Baseless Claim

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Nike claims that they’ve purchased four pairs of counterfeit sneakers on StockX, adding a counterfeit claim to the ongoing NFT lawsuit with the secondary sneaker marketplace. Nike requested a federal judge to let them add counterfeiting and false advertising claims to the trademark-infringement lawsuit against StockX according to Bloomberg.

“Those four pairs of counterfeit shoes were all purchased within a short two-month period on StockX’s platform, all had affixed to them StockX’s ‘Verified Authentic’ hangtag, and all came with a paper receipt from StockX in the shoe box stating that the condition of the shoes is ‘100% Authentic,’” Nike said in a court filing Tuesday.

This debunks StockX’s claim that all the items that go through their verification process are 100% authentic, and whether or not this claim will be added to the ongoing lawsuit is still unknown. StockX has responded stating that the claim is “baseless” and that hundreds of Nike employees have purchased sneakers through their marketplace, including current senior executives. Check out the statement and filings below and stay tuned to Nice Kicks for any updates on this ongoing story.

UPDATE 5/20/22:

Documents obtained by @SneakerLegal reveal that Nike takes a strike at StockX’s claims of having a 99.95% authentication accuracy rate. Nike insinuates that these claims are baseless as StockX does not provide an substantial measure for its accuracy rating.

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