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Yuga Labs

BAYC Creator Yuga Labs Emerges Victorious In Copyright Case – A Win For Web3?

Opeyemi Sule
by Opeyemi Sule
2 years ago
·
Posted in NFT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Yuga Labs, creator of the famous Bored Ape Yacht Club (BAYC) NFT collection, has claimed legal victory in its trademark infringement case against Ryder Ripps and Jeremy Cahen. A federal judge, in a pre-trial summary judgment, declared that Yuga Labs is entitled to an injunction and damages from the duo.

Yuga Labs described the court judgment as not a just triumph for them but “a win for the entire Web3 industry”.

Related Reading: Toymaker Mattel Launches Dedicated NFT Marketplace

BAYC Creator Yuga Labs Wins Copyright Case

The RR/BAYC NFT collection is a creation that contains identical copies of Bored Apes and used marketing material similar to that of the Bored Ape Yacht Club. According to Ripps and Cahen, the RR/BAYC NFT collection is merely a satirical and critical response to Yuga Labs. The duo claims that the Bored Ape NFTs depict racist and subtle Nazi references.

Interestingly, it appears that some parts of the NFT community share these sentiments about the Bored Ape collection. However, BAYC’s creators have never hesitated to shut down these claims, which they refer to as “conspiracies”.

Yuga Labs began legal action back in June 2022, filing a trademark infringement lawsuit against Ryder Ripps and his associate. The allegations claim they deceived buyers by selling NFTs that were falsely equivalent to the Bored Ape collection under the guise of satire, while also causing harm to the reputation of Bored Ape Yacht Club with their accusations.

The U.S. District Court in California found, on April 21, that Yuga Labs is the rightful owner of the BAYC trademarks, which are legitimate and enforceable. Moreover, it was determined that Ryder Ripps and Jeremy Cahen utilized these trademarks without the consent of Yuga Labs, potentially causing confusion amongst potential buyers looking to purchase an authentic Bored Ape NFT.

Ryder Ripps and Jeremy Cahen had previously argued that the RR/BAYC collection was only a parody and thus protected under the first amendment as a form of expression. However, Judge F. Walter, who presided over the case, ruled that their use of the BAYC trademarks does not fall under the category of fair use or artistic expression.

Damages To Be Decided At Trial

Although the court made it clear that “Yuga Labs is entitled to monetary damages and injunctive relief”, it denied the BAYC creators’ motion with respect to the determination of damages in their case. 

According to the court’s ruling, the issue of damages will be determined during a trial. Yuga Labs had initially asked for a $200,000 statutory damage, but this claim was dismissed by the presiding judge.

Related Reading: Donald Trump Reportedly Earned $1 Million From His NFTs, Despite Rape And Fraud Lawsuits
BAYC
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Featured image by Mundissima/Alamy, chart from TradingView
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Opeyemi Sule

Opeyemi Sule

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Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency.

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