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Bored Ape Yacht Club Copycats Dealt Legal Blow by US Court Th | NFTs & DeFi 🗓

Bored Ape Yacht Club Copycats Dealt Legal Blow by US Court

The
hugely popular non-fungible token (NFT) maker of Bored Ape, Yuga Labs, has recently won its case against copycat Ryder Ripps. According to court documents, Yuga Labs is said to have won on all counts. The creator of the largest non-fungible token (NFT) ecosystem comprising the famous Bored Ape Yacht Club, recently won a landslide over Ryder Ripps and his cohorts. The legal tussle which began last summer seems to have turned in the face of Yuga Labs. According to court documents, Yuga Labs has won its case against the copycats of its Bored Ape digital collectible on the cause of infringement. The US Northern District Court agreed with the prosecutor's position that the RRBAYC collection created by Ryder Ripps and Jeremy Cahen was not only intended to highlight irregularities in Yuga Labs' NFT collection. Instead, it was determined that the defendant's use of the BAYC trademark did not represent fair use or due artistic expression as claimed. Not done there, the court also sided with Yuga Labs, ruling that the copycats committed false destination of origin and that the defendant's free speech claims were not tenable in this case.

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