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CoinDesk

2023-02-06 16:59:35

Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

Yuga Labs, the parent company of the Bored Ape Yacht Club NFT project, has reached a settlement with Thomas Lehman, who built websites and smart contracts for Ryder Ripp’s copycat project “RR/BAYC.” Ripps’ project is a series of 10,000 NFTs that share the same names, features and traits as the famous Bored Ape Yacht Club NFTs and is part of a separate, ongoing court case around trademark infringement.

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