Yuga Labs Clinches $8.9M in Historic BAYC Copyright Victory

Yuga Labs' recent court win, securing $8.9 million against Ryder Ripps and Jeremy Cahen for copyright infringement, marks a significant moment in NFT and digital asset law. This case highlights the enforceable rights of NFT creators over their digital works, including the transfer of related domains and NFTs, setting a pivotal precedent for intellectual property in the digital age

Yuga Labs has won a significant legal battle, securing $8.9M in a copyright infringement case related to their Bored Ape Yacht Club (BAYC) NFT collection. The court's decision mandates defendants Ryder Ripps and Jeremy Cahen to pay for infringing actions, marking a landmark moment in copyright law as it pertains to NFTs. This victory also includes the transfer of domains and RR/BAYC NFTs to Yuga Labs, setting a precedent for the enforcement of intellectual property rights in the digital asset space

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