Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and Otherside metaverse, has transferred the intellectual property (IP) of CryptoPunks, one of the most valuable NFT collections, to NODE, a California-based nonprofit organization dedicated to preserving digital art. Funding long-term preservation of the entire CryptoPunks collection. With this...
NFT giant Yuga Labs – the founder of Yuga and controlling owner of Yuga – recently purchased the intellectual property (IP) of CryptoPunks, the first well-known Ethereum-based NFT collection. Both CryptoPunks and the Infinite Node Foundation publicly acknowledged the transaction on X.com. This announcement is arguably the biggest news yet...
Yuga Labs—the crypto behemoth behind the Bored Ape Yacht Club—is crashing down hard. Really hard. Their pursuit of nearly $400,000 in crypto assets from Jeremy Cahen (Pauly0x), stemming from the Ryder Ripps Bored Ape Yacht Club (RR/BAYC) parody lawsuit, raises a crucial question: are we witnessing the death of NFT...
This crypto saga is very different from the one Twitter is still busy dissecting. Contrary to Yuga Labs’ claims, the Yuga Labs vs Pauly0x saga is playing out in the courts as we speak. Its implications go well beyond Bored Apes and meme coins. Forget the legal jargon for a...
My how the tables have turned, eh! Yuga Labs is on the offensive! They’re on a crusade to take down Ryder Ripps and his partner in crypto crime, Cahen’s private assets, having just triumphed in a trademark infringement suit. On February 2, 2024, Yuga Labs obtained an entry of final...
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...
