A new crypto-related lawsuit has landed in the Southern District of New York courthouse. 

A California resident named Luke Brown is leading a class action lawsuit against luxury fashion house Dolce & Gabbana over NFTs the company released in 2022. 

Brown’s suit alleges Dolce & Gabbana failed to deliver on benefits it promised for NFT buyers, and manipulated the initial and resale markets for the assets. Brown ultimately lost $5,800 on his $6,000 investment, the suit claims. 

The suit goes on to describe how the DGFamily project, released in collaboration with “digital luxury and culture” marketplace UNXD, failed to deliver on eight promised benefits meant to include digital…

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