NFT powerhouse Yuga Labs has reached a settlement with artists Ryder Ripps and Jeremy Cahen over the creation of lookalike Bored Ape Yacht Club assets. The agreement ends a legal dispute that spanned several years and multiple court rulings.
- Settlement reached in the District Court for the Central District of California
- Defendants permanently banned from using Yuga Labs imagery and trademarks
- All RR/BAYC smart contracts and domains to be transferred to Yuga Labs within 10 days
- Case originated in June 2022 over lookalike NFT collections
- Avoids a scheduled jury trial following a 2025 appeals court ruling
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