Coin Edition
2023-10-27 19:45:00

Yuga Labs Wins $1.57M in Damages in BAYC Copycat NFT Legal Battle

U.S. District Court of Califonia has issued an order that compels nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club (BAYC) creator Yuga Labs a substantial sum of $1.57 million. According to the October 25 court ruling, the payment is in disgorgement and damages. Notably, this ruling ends the The post Yuga Labs Wins $1.57M in Damages in BAYC Copycat NFT Legal Battle appeared first on Coin Edition .

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