Tag: legal issues

Nike NFT Lawsuit: $5M Claim & What It Means for Digital Assets

Nike NFT Lawsuit: $5M Claim & What It Means for Digital Assets

NFTs offer a lot of creative opportunities, but the world is a legal minefield. Of the high profile cases, perhaps the most watched is Nike’s lawsuit against StockX, in which Nike is seeking $5 million in damages. This is not as simple as a spat between two large corporations, though...

Yuga Labs Seeks $400K from Influencer: NFT Lawsuit Heats Up!

Yuga Labs Seeks $400K from Influencer: NFT Lawsuit Heats Up!

The legal conflict between Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, and influencer Jeremy Cahen, also known as Pauly0x, has intensified. Yuga Labs is currently seeking the return of almost $400,000 in cryptoassets from Cahen. This action escalates a costly legal dispute that has...