Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

include barring Lehman from using"any manner any BAYC Mark," destroying"any materials in his possession or control publicly displaying the BAYC Marks" and burning any RR/BAYC NFT he owns.

“I am happy to have resolved the Yuga Labs, Inc. v. Lehman trademark lawsuit in the [U.S. District Court] Northern District of New York,” Lehman said in a statement provided to CoinDesk. “It was never my intention to harm Yuga Labs’ brand, and I reject all disparaging statements made about Yuga Labs and its founders and appreciate their many positive contributions to the NFT space.”

A Yuga Labs spokesperson told CoinDesk that they “are pleased that Mr. Lehman acknowledged his role in assisting former cohorts, Ryder Ripps and Jeremy Cahen, to infringe on Yuga Labs’ trademarks in developing, marketing and selling counterfeit NFTs.” Yuga Labs is involved in an ongoing suit with Ryder Ripps over his project, which Yuga claims is a clear case of. In October 2022, Ripps filed an anti-SLAPP motion arguing his project is protected by free speech as a work of satire. The motion was denied in December 2022, but it was appealed by Ripps’ team, who also filed counterclaims against Yuga Labs.

The ongoing case has brought a focus to IP and trademark rights within the NFT space. Yuga Labs told CoinDesk it believes “that creators, especially those in the nascent Web3 space, must be able to rely on the law to protect their work against IP theft.”

BoredApeYC yugalabs tobyleah It is a non fungible Token. Impossible!

BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah Lmao look at these comments. I wanna see the discord where this was linked (if it's not all just 1 guy)

BoredApeYC yugalabs tobyleah my condolences to your integrity tobyleah. this article you wrote will age like milk.

BoredApeYC yugalabs tobyleah tobyleah Using NFT and Copycat together in the same sentence? Hmm...sounds sus, yah?

BoredApeYC yugalabs tobyleah beginning of the end for these right click saving grifters

BoredApeYC yugalabs tobyleah clown show of a publication this will be a funny archaic memory in a few years

BoredApeYC yugalabs tobyleah So web3 to legally harass artists and developers. Shame on anyone who supports Kali Yuga Labs

BoredApeYC yugalabs tobyleah there is no such thing as counterfeit NFTs as you can always verify provenance... ridiculous

BoredApeYC yugalabs tobyleah To all the Yuga Haters: 👅 my ⚽️🏀

BoredApeYC yugalabs tobyleah cope ryder_ripps Pauly0x

BoredApeYC yugalabs tobyleah 'Copycat NFT project' Looks like no one knows why NFTs exist in the first place lmao. What an embarrassing headline.

BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah Shameful you run this but not tfine piece

BoredApeYC yugalabs tobyleah oo brother

BoredApeYC yugalabs tobyleah Congrats on your shameful display of bully tactics yugalabs. I assure you, were he not forced to do so in the face of financial ruin, Tom would not commend you for anything.

Pauly0x BoredApeYC yugalabs tobyleah who paid for this?

BoredApeYC yugalabs tobyleah 👋👋👋👋

BoredApeYC yugalabs tobyleah You can't copy NFTs

BoredApeYC yugalabs tobyleah

Pauly0x BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah tldr: fake decentralized scam corp bullies indie dev into submission by using funds earned from FTX fraud to pay lawyers from FTX fraud to engage in frivolous lawsuit

BoredApeYC yugalabs tobyleah

BoredApeYC yugalabs tobyleah Coindesk I am requesting this article be taken down due to the baseless conspiracies contained within it that say that YugaLabs has made 'positive contributions to the space'

Pauly0x BoredApeYC yugalabs tobyleah “counterfeit nfts” isn’t the whole point of nfts that they are non fungible?

BoredApeYC yugalabs tobyleah Propaganda is when an article quotes something that somebody was forced to say in a lawsuit and turning it into a good PR opportunity… long story short, I don’t believe middlemarch would have said that if he wasn’t legally forced to in his settlement with yuga

BoredApeYC yugalabs tobyleah 'copycat NFT' 🤦‍♂️🤦‍♂️🤦‍♂️

BoredApeYC yugalabs tobyleah How did you have this report written up so fast? Is this website just designed to regurgitate corporate propaganda?

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