Bored Ape Yacht Club wins multiple trademark lawsuits over copycat NFTs.

1 min read
Source: The Verge
Bored Ape Yacht Club wins multiple trademark lawsuits over copycat NFTs.
Photo: The Verge
TL;DR Summary

Bored Ape Yacht Club creator Yuga Labs has won a lawsuit against conceptual artists Ryder Ripps and Jeremy Cahen, who were accused of trademark infringement over a parody of BAYC's non-fungible token (NFT) collection. A California court ruled that Yuga was entitled to protect the BAYC trademark and that Ripps and Cahen's project, known as RR/BAYC, isn't artistic expression protected by the First Amendment. The court also found that Ripps and Cahen broke rules related to cybersquatting. The amount of damages to be paid will be determined in a later trial.

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