🔗 Crypto & Blockchain

Yuga Labs Claims Victory in NFT Rip-Off War, Artists Hand Over Everything

Artists Ryder Ripps and Jeremy Cahen fold in a bruising settlement with Yuga Labs. They're handing over RR/BAYC assets — and a stark warning echoes through NFT land.

Bored Ape Yacht Club NFT with gavel and settlement documents

⚡ Key Takeaways

  • Yuga Labs secures total control over RR/BAYC assets in settlement. 𝕏
  • Permanent ban on artists using BAYC IP sets strong precedent. 𝕏
  • Boosts brand purity for BAYC amid NFT market stirrings. 𝕏
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Originally reported by Cointelegraph

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