Yuga Labs advances in lawsuit accusing artist of copying Bored Ape NFTs
U.S. District Court of Central California denied a motion in favor of Bored Ape NFT creators in their lawsuit against artist Ryder Ripps and Jeremy Cahen.An ongoing legal tiff between NFT developers Yuga Labs and an artist and his NFT business partner continues as a U.S. federal court denied a motion.
Yuga Labs first filed the lawsuit in June against California-based artist Ryder Ripps and the founder of NFT marketplace Not Larva Labs, Jeremy Cahen, accusing them of copying and selling NFT collections and devaluing the original Bored Ape products. The District Court of Central California has now denied these motions. he would only agree to settle the case for a payout of at least $100 billion.
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