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Yuga Labs settles lawsuit over alleged Bored Ape lookalike NFTs

Yuga Labs has settled a lawsuit it filed in June 2022 against artists Ripps and Cahen. The company accused them of copying Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.

What happened?

Yuga Labs has settled a lawsuit it filed in June 2022 against artists Ripps and Cahen. The company accused them of copying Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.

Why it matters

The case centered on allegations that the pair copied the cartoon ape imagery associated with the Bored Ape Yacht Club NFT collection and sold NFTs that closely resembled the originals.

Yuga Labs has settled a lawsuit it filed in June 2022 against artists Ripps and Cahen, according to the source material.

The case centered on allegations that the pair copied the cartoon ape imagery associated with the Bored Ape Yacht Club NFT collection and sold NFTs that closely resembled the originals.

Yuga Labs had originally brought the complaint after saying the disputed works were based on its recognizable NFT brand and visual style.

The settlement closes one of the more closely watched disputes involving NFT artwork, parody, and brand imitation in the crypto culture space.

Source: Cointelegraph NFT