Nike and MSCHF reach settlement in 'Satan Shoes' trademark lawsuit

Nike and MSCHF have reached a settlement in the trademark infringement battle over a pair of modified sneakers that were being sold in collaboration with rapper Lil Nas X. Nike filed the suit last week against MSCHF after it launched a pair of modified Nike Air Max 97s called the "Satan Shoes" with Lil Nas X. The shoes, priced at $1,018 and decorated with a pentagram pendant and a drop of human blood in the soles, quickly sold out.