Bored Ape Yacht Club NFT creators awarded nearly $1.6m in trademark infringement lawsuit

Image caption: Bored Ape Yacht Club NFTs for sale on the platform Open Sea Screenshot via opensea.io. Article by Torey Akers. The Art Newspaper – October 31, 2023.

Yuga Labs, the company behind the NFT (non fungible token) collection Bored Ape Yacht Club (BAYC), has scored a legal victory against artists Ryder Ripps and Jeremy Cahen. In an order issued 25 October in the District Court of Central California, judge John Walter awarded Yuga Labs $1.3m, concluding that the firm was entitled to a disgorgement of the defendant’s profits. […]

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