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A U.S. court has ruled that Ryder Ripps and Jeremy Cahen must pay Yuga Labs $1.57 million in a lawsuit related to Bored Ape Yacht Club (BAYC) NFTs. Yuga Labs received $1.37 million for disgorgement and an additional $200,000 in statutory damages. The court rejected the “satire” defense, stating that the defendants intentionally infringed on BAYC trademarks.Join CryptosHeadline&#39;s Official Telegram <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">Community Channel</a>In California, a U.S. court has ruled that NFT artists Ryder Ripps and Jeremy Cahen must pay $1.57 million to <a href="https://cryptosheadlines.com/yuga-labs-leads-boycott-of-blur-and-opensea/" rel="noopener noreferrer nofollow">Yuga Labs</a>, the creator of Bored Ape Yacht Club (BAYC). This payment is for disgorgement and<a href="https://cryptosheadlines.com/yuga-labs-awarded-1-57m-in-bayc-copycat-nft-lawsuit/" rel="noopener noreferrer nofollow"> Read More...</a>

Yuga Labs Awarded $1.57M in BAYC Copycat NFT Lawsuit

CryptosHeadlines.com

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