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Yuga Labs’ $9M Bored Ape Victory Against Ryder Ripps Crumbles—Court Demands Stronger Trademark Proof
Yuga Labs’ $9M Bored Ape Victory Against Ryder Ripps Crumbles—Court Demands Stronger Trademark Proof
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NFT giant Yuga Labs just got a reality check from the legal system. Their high-profile $9 million trademark win against artist Ryder Ripps? Overturned. Now they'll need to prove—conclusively—that the parody project actually hurt their precious Bored Ape brand.
Judges aren't buying vague 'brand dilution' claims anymore. In a scathing ruling, the court essentially said: Show us the money—or at least show us the concrete damage. Turns out, even in the meme-fueled crypto world, 'because we said so' isn't a legal argument.
Meanwhile, BAYC floor prices barely twitched on the news. Because nothing says 'decentralized revolution' like corporate lawyers fighting over cartoon monkey JPEGs.
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