Yuga Labs, the copyright holder behind the Bored Ape Yacht Club (BAYC) NFT collection, has undertaken asset recovery efforts against Greg Cahen. This comes on the heels of their court victory against Ryder Ripps and Cahen in a lawsuit involving both defendants. The final judgment was entered on Feb. 2,...
Let’s not kid ourselves, Yuga Labs vs. Pauly0x is starting to feel like the crypto drama series that just won’t die. Trademark infringement, claims of racism, tens of millions in damages, and now…asset forfeiture. It’s a highly convoluted and complex situation, and at first glance this may look like yet...
The rapidly evolving world of NFTs, or Non-Fungible Tokens, has taken the arts and culture sector by storm, creating both new avenues and pitfalls. One of the biggest hurdles, though, is the defense of intellectual property rights and trademark claims. Yuga Labs, the company behind Bored Ape Yacht Club, has...
Yuga Labs wants $400,000 from Pauly0x. Let’s be real though, that’s chump change for them. But for the average American, it’s a fortune, a life-changing amount of money. The lawsuit is a result of the RR/BAYC “parody” collection. Yuga Labs won. Fine. But really, is this about justice at all,...