• ORDER IN THE COURT

  • May 24 2023
  • Duración: 20 m
  • Podcast

ORDER IN THE COURT

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  • Resumen

  • The legal battle between Yuga Labs and Ryder Ripps and Jeremy Cahan, has come to a conclusion, all the bolstering and posturing of Ryder Ripps around his theories of the Bored Ape Yacht Club has hit a legal precedent. For me, a legal precedent, really means nothing other than Ryder was trying to poke the proverbial bear in the Bored Ape Yacht Club leadership, the sheer fact that it has gone this far says something. In The lawsuit Yuga Labs accused Ryder of trademark infringement over a parody of BAYC’s non-fungible token (NFT) collection. On Friday, a California court said that Yuga was entitled to protect the BAYC trademark and that Ripps and Cahen’s project, known as RR/BAYC, isn’t artistic expression protected by the First Amendment. “Defendants’ sale of RR/BAYC NFTs is no more artistic than the sale of a counterfeit handbag,” wrote US District Judge John Walter in a summary judgment. To me the judgement seems shortsighted, it seems like a judgment made without understanding the nuances or the fundamentals of NFTs and Ryders argument.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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