Vasari Art Codex

article news schedule Jul 24, 2025 visibility 3 link 3 artists, 1 gallery

us appeals court yuga labs bored ape nfts ryder ripps 1234748184

A US appeals court overturned an $8.8 million judgement against artist Ryder Ripps and his business partner Jeremy Cahen, who were previously ordered to pay Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFTs, for creating copycat NFTs. The 9th US Circuit Court of Appeals ruled on July 23 that Yuga Labs had not sufficiently proven that Ripps and Cahen's tokens would confuse buyers. The case, originally filed in June 2022, alleged trademark infringement, false advertising, and cybersquatting. Ripps and Cahen argued their works were satirical appropriation art, while Yuga Labs denied claims of racism tied to the BAYC imagery. The ruling sends the case back to federal court for a trial on trademark and cybersquatting claims.

newspaper ARTnews open_in_new Read original

gavel restitution schedule Apr 10, 2026 visibility 10 link 3 artists

The Long Legal Saga Between Artist Ryder Ripps and the Bored Ape Yacht Club Is Finally Over

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), has reached a confidential settlement with artist Ryder Ripps and his partner Jeremy Cahen, ending a multi-year legal battle over trademark infringement and appropriation art. The dispute began in 2022 when Ripps launched his RR/BAYC NFT collection, which used identical imagery to the original Bored Apes to protest alleged racist and alt-right symbolism within the project. As part of the agreement, Ripps and Cahen are now under a permanent injunction preventing them from using any Yuga Labs trademarks or images.

newspaper ARTnews open_in_new Read original

article news schedule Oct 6, 2025 visibility 4 link 3 artists

lawsuit dismissed yuga labs bored ape yacht club nfts howey 1234755582

A federal judge dismissed a class action lawsuit against Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, ruling that its digital assets—including Bored Ape NFTs and ApeCoin—do not qualify as securities under the Howey test. Plaintiffs Adonis Real and Adam Titcher had alleged that Yuga Labs colluded with celebrities like Justin Bieber, Madonna, and Steph Curry, as well as talent agent Guy Oseary and crypto platform MoonPay, to inflate prices and violate securities laws. Judge Fernando Olguin found that while the plaintiffs satisfied one prong of the Howey test—expectation of profits from others' efforts—they failed to meet the other requirements, leading to the dismissal.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 19, 2025

art market minute may 19 2646475 2646475

New York’s spring marquee auctions, traditionally a bellwether for the global art market, concluded with thin margins and soft demand despite an increased number of high-value "masterpiece" lots priced at $30 million and above. The results indicate that strong supply alone cannot overcome deeper market challenges. Separately, Yuga Labs, the company behind the Bored Ape Yacht Club, has sold its landmark CryptoPunks NFT collection to the NODE Foundation.

newspaper Artnet News open_in_new Read original