BIG3 NFT buyers sue Ice Cube's league, alleging $25K Fire NFTs got no share of $40M team sales
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Promote with Leviathan NewsBIG3 sold Ethereum NFTs in 2022 as fan ownership stakes, with Gold at $5,000 and Fire at $25,000, and buyers say the league later stripped voting rights, VIP perks, and team-sale economics. The proposed class action says BIG3 sold four franchises for roughly $40M without paying Fire holders, while the league calls it a nuisance suit over NFTs that lost value. The case now collides with Ice Cube's SPAC plan, which would take BIG3 public at a roughly $290M valuation, with an arbitration hearing set for Aug. 24.
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