Dolce & Gabbana Dodges $25M Legal Bullet as Court Clears DGFamily NFT Lawsuit
Luxury fashion giant Dolce & Gabbana just pulled off a runway-worthy legal escape. A US court cleared the brand of all charges in the high-stakes $25 million DGFamily NFT lawsuit—proving even blockchain-based fashion drama can't tarnish Italian craftsmanship.
When NFTs meet haute couture: The case spotlighted the uncharted territory where digital collectibles collide with legacy luxury brands. Plaintiffs claimed the DGFamily NFTs—priced like limited-edition handbags—violated securities laws. The court disagreed, handing DGFans a victory that'll make other fashion houses breathe easier.
Behind the glitz: The ruling exposes how traditional finance still struggles to categorize crypto assets. While regulators fumble with rulebooks, luxury brands keep minting digital exclusivity—because nothing says 'investment' like a virtual jacket that costs more than your car.