Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

México Noticias Noticias

Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit
México Últimas Noticias,México Titulares
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

The parent company of BoredApeYC NFTs, yugalabs, has resolved a suit with Thomas Lehman, who built websites and smart contracts for a copycat NFT project, “RR/BAYC.” tobyleah reports:

include barring Lehman from using"any manner any BAYC Mark," destroying"any materials in his possession or control publicly displaying the BAYC Marks" and burning any RR/BAYC NFT he owns.

“I am happy to have resolved the Yuga Labs, Inc. v. Lehman trademark lawsuit in the [U.S. District Court] Northern District of New York,” Lehman said in a statement provided to CoinDesk. “It was never my intention to harm Yuga Labs’ brand, and I reject all disparaging statements made about Yuga Labs and its founders and appreciate their many positive contributions to the NFT space.”

A Yuga Labs spokesperson told CoinDesk that they “are pleased that Mr. Lehman acknowledged his role in assisting former cohorts, Ryder Ripps and Jeremy Cahen, to infringe on Yuga Labs’ trademarks in developing, marketing and selling counterfeit NFTs.” Yuga Labs is involved in an ongoing suit with Ryder Ripps over his project, which Yuga claims is a clear case of. In October 2022, Ripps filed an anti-SLAPP motion arguing his project is protected by free speech as a work of satire. The motion was denied in December 2022, but it was appealed by Ripps’ team, who also filed counterclaims against Yuga Labs.

The ongoing case has brought a focus to IP and trademark rights within the NFT space. Yuga Labs told CoinDesk it believes “that creators, especially those in the nascent Web3 space, must be able to rely on the law to protect their work against IP theft.”

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

CoinDesk /  🏆 291. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Grammys 2023: Ben Affleck's bored, Beyoncé makes history, more BTS momentsGrammys 2023: Ben Affleck's bored, Beyoncé makes history, more BTS momentsAfter 88 career nominations, Beyoncé won her 32nd Grammy on Sunday, earning her the record for most Grammy wins.
Leer más »

Ben Affleck mocked for looking bored at Grammys—'He'd rather be at Dunkin'Ben Affleck mocked for looking bored at Grammys—'He'd rather be at Dunkin'The actor attended the star-studded ceremony with his wife, Jennifer Lopez, and looked notably straight-faced whenever the cameras panned in his direction.
Leer más »

Hermès Executives Highlight Plans for NFTs in Mason Rothschild TrialHermès Executives Highlight Plans for NFTs in Mason Rothschild TrialNearing the end of testimony in the Hermès-Mason Rothschild trial, a few executives from the French luxury house took the stand Friday and three experts for each side clashed about MetaBirkins.
Leer más »

Angelina Jolie’s Son Is Not Entering The Art WorldAngelina Jolie’s Son Is Not Entering The Art WorldDon't expect any NFTs though.
Leer más »



Render Time: 2025-02-27 13:50:03