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coinpedia 2023-10-27 04:43:10

Court Orders Ryder Ripps $1.6M Payout in NFT Copyright Lawsuit!

The post Court Orders Ryder Ripps $1.6M Payout in NFT Copyright Lawsuit! appeared first on Coinpedia Fintech News Ryder Ripps and Jeremy Cahen have been ordered by a US District Court judge to pay Yuga Labs almost $1.6m in damages, plus legal fees, for violating its intellectual property through “copycat” non-fungible tokens (NFTs) that the company said devalued the Bored Ape Yacht Club (BAYC) collection. Yuga Labs sued the pair in June 2022, …

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