Ryder Ripps, Jeremy Cahen and Yuga Labs Settle Bored Ape Yacht Club Lawsuit

SummaryArtists Ryder Ripps and Jeremy Cahen have finalized a settlement with Yuga Labs, ending a multi-year legal battle over the Bored Ape Yacht Club trademarkThe agreement requires the defendants to relinquish control of all RR/BAYC smart contracts, domains, and social media accounts to the NFT creatorThe settlement follows an appeals court decision that had previously overturned a $9 million judgment and ordered a jury trial to resolve the disputeConceptual artist Ryder Ripps and his associat...