Ra321Jun 26, 2022
Yuga Labs, creators of Bored Ape Yacht Club Non-Fungible Tokens (NFTs), has sued artist Ryder Ripps and several associates, accusing them of producing and selling “copycat NFTs” that devalue the originals, according to its Twitter feed and that of the Bored Ape Gazette, which tweeted a lawsuit filing with inserted illustrations. The lawsuit claims that the artist sought to “devalue the Bored Ape NFTs by flooding the NFT market with his own copycat NFT collection using the original Bored Ape Yacht Club images and calling them “RR/BAYC” NFTs.” The suit points out that Bored Ape NFTs keep 😍👍