Bored Ape Yacht Club maker Yuga Labs settles with ‘expressive appropriation artist’ Ryder Ripps in long-running trademark case
The Block
Yuga Labs has reached a settlement with Ryder Ripps and Jeremy Cahen, ending a long-standing trademark dispute over their Bored Ape NFT project.Summary
Yuga Labs, the creator of Bored Ape Yacht Club, has settled a multi-year trademark lawsuit with artist Ryder Ripps and his partner Jeremy Cahen. The legal battle began in 2022 after Ripps created a copycat NFT collection, which he defended as "expressive appropriation art." While a district court initially ruled in favor of Yuga Labs, an appeals court later vacated the $9 million penalty, leading to this eventual settlement. The agreement effectively bars Ripps and Cahen from using Yuga Labs’ intellectual property in the future.
(Source：The Block)