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On September 6, Nike Memphis was burglarized which resulted in $800,000 worth of sneakers and clothes, per the Memphis Police Department.
From Twitter to OfferUp, a plethora of unreleased Air Jordan retros (specifically Fall and Holiday) flooded the internet.
Third-party resell platform StockX froze activity at some of the colorways in question — such as the Air Jordan 11 “Cherry,” and the Air Jordan 6 “Chrome,” among others.
When asked to comment via email, StockX stated that its fraud team will be proactive in the investigation in addition to halting sales of the aforementioned products.
At StockX, we have a dedicated fraud team that monitors activity on our platform and employs proprietary practices to prevent fraudulent behavior. This team takes action on any suspicious buyer or seller activity.
Following a known robbery at a brand’s distribution center, we took proactive measures to temporarily halt the trading of the sneakers in question.We are working with local authorities to support their active investigation.
StockX is fully committed to marketplace integrity, and we frequently deploy new technologies and processes to stay ahead of bad actors and deliver an unparalleled experience to our global customers.
Statement via StockX to Snkrs Day
Stay tuned to Snkrs Day as the story develops.
