Yuga Labs has officially settled its long-running lawsuit over alleged copycat Bored Ape NFTs, bringing an end to a closely watched legal battle that has shaped how intellectual property is viewed in the NFT space.
The case, originally filed in 2022, centered on claims that artist Ryder Ripps and his partner Jeremy Cahen created and sold a collection of NFTs that reused imagery from the Bored Ape Yacht Club (BAYC).
Yuga Labs argued the collection misled buyers and infringed on its trademarks, while the defendants claimed their project was satire and artistic commentary.
While financial terms of the agreement were not disclosed, the settlement includes a key outcome: Ripps and Cahen are now permanently barred from using Yuga Labs’ trademarks and Bored Ape imagery moving forward.
The resolution avoids a full trial, which had been expected after an appeals court previously overturned an earlier $8.8 million judgment in Yuga’s favor.
This lawsuit became one of the most significant legal battles in the NFT industry, raising critical questions around:
At its core, the case tested whether copying NFT imagery—even under the claim of parody—could legally stand in a commercial marketplace.
The settlement sends a strong signal across the NFT space:
Projects with established brands and communities can—and will—defend their intellectual property rights.
At the same time, it highlights the legal gray areas still surrounding NFTs, especially when it comes to remix culture, satire, and digital ownership.
This isn’t just about Bored Apes—it’s about the future of NFTs as a legitimate asset class.
The bigger takeaway:
As NFTs mature, legal frameworks are catching up. And this case reinforces that in Web3, ownership isn’t just on-chain—it’s enforceable in court.
Coinbase is helping bring cryptocy deeper into the U.S. housing market through a partnership with Better Home…
A growing bipartisan effort to curb financial conflicts of interest in Washington is expanding beyond…
The worlds of fine art and digital collectibles are colliding once again as ElmonX prepares to launch…
VeVe is expanding beyond digital collectibles and comics with the launch of Stickerverse, a new social…
Kalshi is moving quickly to expand its newly approved crypto derivatives business after announcing plans to…
Former U.S. presidential candidate Andrew Yang is expanding his presence in the telecommunications industry after Noble Mobile announced the…