BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Dolce & Gabbana USA Cleared in $25M NFT Lawsuit Over DGFamily

  • A U.S. federal judge ruled that Dolce & Gabbana USA is not liable for issues tied to its parent company’s DGFamily NFT project.
  • The court found no evidence that Dolce & Gabbana USA was an “alter ego” or controlled by the Italian parent company that launched the NFTs.
  • The DGFamily project raised more than $25 million from investors who expected luxury goods and exclusive access.
  • The court dismissed the case against the U.S. entity, leaving international defendants unserved and the lawsuit at a setback.
  • Buyers alleged the project failed to deliver promised benefits, and efforts to amend the lawsuit were rejected.

A federal judge dismissed a proposed class-action lawsuit against Dolce & Gabbana USA, finding it was not responsible for a failed non-fungible token (NFT) project known as DGFamily. The decision was issued in New York on Friday, with the judge explaining the U.S. company did not operate as an extension of its Italian parent, Dolce & Gabbana SRL.

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading

The DGFamily project had raised over $25 million by offering NFTs with promises of digital rewards and exclusive access to luxury items. The lawsuit claimed buyers were promised “digital rewards, physical products, and exclusive access to events” in exchange for their cryptocurrency investments across eight quarterly NFT “drops” over two years.

According to the lawsuit, holes in the project included delays and non-delivery, such as the first digital release being dropped 13 days late and digital outfits not being usable in Decentraland until after further delays. The complaint argued both U.S. and Italian arms were effectively the same entity because they shared executives, office space, and operations.

Judge Naomi Reice Buchwald wrote there was not enough evidence of “complete domination and control” of Dolce & Gabbana USA by its Italian parent. She noted the plaintiffs failed to specify which entity committed alleged misconduct, stating, “The operative pleading refers to both D&G USA and D&G S.R.L. as ‘Dolce & Gabbana’ and attributes all misconduct to this shared moniker, without differentiating what each entity did.”

The court also blocked further amendments to the complaint, pointing out that the plaintiff already had an opportunity to address these issues after being notified of legal deficiencies.

- Advertisement -

While Dolce & Gabbana USA was the main U.S. entity named, other defendants—Dubai-based UNXD Inc. and Italy-based Bluebear Italia SRL—were not served with the complaint, causing further delays in the case. Hundreds of buyers have alleged that the DGFamily NFT initiative was abandoned after funds were collected.

As NFT markets cool from their 2021–2022 peaks, many similar projects have faced accusations of failure or fraud. Proving liability against related foreign companies continues to be complex when international legal boundaries are involved.

For more details on the dismissal, see the official court document here. To read the amended complaint, click here.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Epic Games Lays Off 1,000+

Epic Games is laying off over 1,000 employees, citing a significant decline in Fortnite...

Microsoft, Nvidia Deploy AI for Nuclear Development

Microsoft and NVIDIA have launched a joint AI initiative to accelerate nuclear energy project...

Theta’s AI Agents Now Respond in Tables & Buttons

Theta's EdgeCloud AI agents can now autonomously respond with rich UI components like tables...

BitGo, Susquehanna Offer Crypto OTC Prediction Market Trades

BitGo and Susquehanna Crypto have partnered to create the first institutional OTC offering for...

French Firms Targeted by Resume-Carrying Cryptomining Malware

A phishing campaign uses fake, obfuscated French-language resumes to deliver malware that mines cryptocurrency...

Must Read

6 Best VPN Providers That Accept Monero

Privacy and anonymity are probably the most important things that we should all consider in today's internet era. Although there are a lot of...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading