A U.S. appeals court has reversed a $9 million judgment awarded to Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection, in a trademark dispute against artist Ryder Ripps. The order sends the case back to a California federal district court for trial. Nationally, we’ll be...
The Ninth Circuit ultimately reversed the $9 million in damages awarded against Ryder Ripps and Jeremy Cahen for their RRBAYC collection. This decision has sent shockwaves across the NFT space, pun intended. Lawmakers, musicians, and artistic pioneers of all stripes are celebrating this David-versus-Goliath win for artistic expression. It raises...
A recent Ninth Circuit decision in Yuga Labs v. Ryder Ripps If playback doesn’t begin shortly, try restarting your device. Now, this decision has sent shockwaves throughout the NFT world. While many focus on the legal wrangling and the potential for a jury trial, the core takeaway is far more...