BAYC NFT Archives

These two NFT artists were ordered to pay $9 million in disgorgement against Yuga Labs

February 4, 2024 1 min read

Ryder Ripps and Jeremy Cahen, NFT artists, received a negative ruling in their lawsuit against Yuga Labs, the developer of the well-known Bored Ape Yacht Club. The verdict not only dismissed their counterclaims but also imposed a $9 million penalty, complicating their legal situation. The legal battle began in April 2023, when Yuga Labs sued Ripps and Cahen, alleging copyright infringement due to unauthorized copies of BAYC NFTs. The dispute

Yuga Labs, the team behind the famous Bored Ape Yacht Club NFT collection, introduced its new "community council" as the newest community initiative for their projects.

Yuga Labs introduces its first Community Council

October 7, 2022 1 min read

Yuga Labs, the team behind the famous Bored Ape Yacht Club NFT collection, introduced its new “community council” as the newest community initiative for their projects. The council, which was established by seven appointed BAYC holders, has received mixed reviews in its early years. A Yuga Labs blog post that includes a profile of each of the seven council members broke the news to the public. The list includes a