Creators of ‘Fake’ BAYC NFTs to Pay Yuga Labs $9 Million
District Judge John F. Walter ordered artist Ryder Ripps and Not Larva Labs NFT marketplace founder Jeremy Cahen to pay $8.9 million to Yuga Labs in a trademark infringement case. In June 2022, the creators of the Bored Ape Yacht Club (BAYC) NFT collection filed a lawsuit against the defendants, accusing them of issuing and […]