🔗 Crypto & Blockchain

Yuga Labs Blinks: Bored Ape Copycats Walk Free in Quiet Settlement

Yuga Labs just folded on its Bored Ape vendetta. Two years of courtroom drama, millions in legal fees, and poof—settled, no trial, terms secret.

Court filing documents for Yuga Labs Bored Ape NFT lawsuit settlement

⚡ Key Takeaways

  • Yuga Labs settled two-year Bored Ape NFT lawsuit against RR/BAYC creators, avoiding trial. 𝕏
  • Appeals court overturned $9M win, forcing jury question on buyer confusion. 𝕏
  • Settlement bans trademarks use but reveals NFT IP vulnerabilities amid market slump. 𝕏
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Originally reported by CoinDesk

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