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According to Decrypt, NFT buyers of BIG3 basketball league have filed a class action lawsuit in California court, accusing the league of false and fraudulent marketing through Ethereum NFT sales in 2022. The Fire tier is priced at $25000, while the Gold tier is priced at $5000. BIG3 promised holders "permanent" rights such as team ownership, voting rights, season tickets, and future revenue sharing, but they were not actually fulfilled. In 2024, BIG3 sold four teams to external investors for approximately $40 million, and the lawsuit claims that some of the proceeds from the sale should belong to NFT holders who were early private investors.