A recent ruling in the United States District Court saw designer Ryder Ripps and developer Jeremy Cahen’s counterclaims against Yuga Labs being rejected. The judge ordered them to pay nearly $9 million in damages and other fees for violating copyright laws, following the unauthorized creation of Bored Ape Yacht Club (BAYC) NFTs. This article will delve into the details of the case and its outcome.
The Dispute
The legal battle began in April 2023 when Yuga Labs filed a lawsuit against Ripps and Cahen for copyright infringement. The dispute stemmed from the launch of the Ryder Ripps BAYC (RR/BAYC) collection in May 2022, which mimicked the original BAYC brand. This move was met with swift legal action from Yuga Labs, claiming that it was a clear violation of their intellectual property.
Court Ruling
After months of litigation, a judge ruled in favor of Yuga Labs, declaring that Ripps and Cahen had indeed violated copyright laws. They were initially ordered to pay $1.57 million in damages and legal fees to Yuga Labs. However, a recent court filing saw this amount increase significantly to nearly $9 million due to additional fees and disgorgement (repayment of illegal profits).
Aside from the monetary penalty, the court also ordered Ripps and Cahen to surrender all social media accounts associated with RR/BAYC NFTs. They must also destroy any infringing materials, including NFTs, articles, documents, software, promotional items, or advertisements using the BAYC Mark. Failure to comply with these orders would result in further legal consequences.
Appeal
Despite the unfavorable ruling, Cahen (known as Pauly) announced their intention to appeal the decision in the Ninth Circuit Court of California. It remains to be seen if this move will have any impact on the outcome of the case.
In addition to the copyright violation, Ripps and Cahen had also filed counterclaims against Yuga Labs. These included allegations of intentional and negligent infliction of emotional distress, as well as a request for a declaratory judgment of no defamation. However, the judge dismissed these claims, stating that they were not relevant to the case at hand.
Conclusion
Ripps and Cahen’s attempt to profit off the success of the original BAYC brand has backfired, resulting in a significant monetary penalty and the surrendering of their assets. This case serves as a warning to those looking to capitalize on others’ intellectual property without proper authorization. It also highlights the importance of copyright laws in protecting creators’ rights.
As for Ripps and Cahen, their appeal may prolong the legal battle, but the judge’s ruling stands for now. So, it indicates that one should always respect intellectual property rights and not attempt to exploit them for personal gain.
Hi there! I know this is kind of off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!
Attractive portion of content. I simply stumbled upon your website and in accession capital to claim that I get actually loved account your weblog posts. Any way I’ll be subscribing on your feeds or even I achievement you get admission to constantly fast.
Very nice design and wonderful subject matter, practically nothing else we require : D.
I like this web site very much, Its a very nice billet to read and incur info . “From now on, ending a sentence with a preposition is something up with which I will not put.” by Sir Winston Churchill.
Hello! This is kind of off topic but I need some advice from an established blog. Is it very hard to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about creating my own but I’m not sure where to start. Do you have any ideas or suggestions? Thanks
I really like your writing style, fantastic information, appreciate it for putting up : D.
can i buy clomid without dr prescription order generic clomid pills where buy cheap clomiphene no prescription can i get generic clomid without rx how to get generic clomid tablets generic clomiphene c10m1d can you buy generic clomiphene without a prescription
More posts like this would add up to the online time more useful.
buy generic zithromax for sale – ofloxacin medication buy flagyl without a prescription
semaglutide pill – buy semaglutide 14mg periactin price
brand motilium – buy domperidone without a prescription cyclobenzaprine 15mg uk
This is a very good tips especially to those new to blogosphere, brief and accurate information… Thanks for sharing this one. A must read article.
order generic augmentin – https://atbioinfo.com/ ampicillin for sale
esomeprazole capsules – anexamate.com order nexium 20mg pill
buy warfarin for sale – https://coumamide.com/ purchase hyzaar without prescription
mobic 7.5mg brand – moboxsin mobic over the counter
Enjoyed studying this, very good stuff, appreciate it. “To be positive To be mistaken at the top of one’s voice.” by Ambrose Bierce.
buy generic prednisone for sale – https://apreplson.com/ buy prednisone 5mg sale
red ed pill – https://fastedtotake.com/ medications for ed
cheap amoxicillin tablets – https://combamoxi.com/ amoxicillin buy online
buy fluconazole sale – this diflucan over the counter
order lexapro 10mg online – purchase lexapro pills buy lexapro paypal
order cenforce online cheap – fast cenforce rs cenforce generic
cialis from canada – ciltad genesis cialis generic for sale
buying generic cialis – strong tadafl cialis price cvs
purchase ranitidine online – https://aranitidine.com/# zantac ca