Ryder Ripps hires lawyers ahead of legal showdown with Bored Ape’s Yuga Labs

Share This Post

Bored Ape critic Ryder Ripps and the founder of NFT marketplace Not Larva Labs, Jeremy Cahen, have secured the services of a defense counsel for their upcoming legal tussle with Yuga Labs.

According to the press statement, Ripps employed the services of Louis Tompros of  WilmerHale and Alfred Steiner of Meister & Steiner PLLC.

Tompros is famous for representing Matt Furie, the creator of “Pepe the Frog,” in copyright cases against alt-right figures and groups. At the same time, Steiner is an expert on NFTs and intellectual property law.

The press statement said:

Yuga is misusing the court system to selectively punish and silence Ripps and Cahen for creating art that speaks out against their litany of lies and unethical behavior.

However, Ripps and Cahen believe the court would protect their freedom of speech rights.

Yuga Labs filed a lawsuit against Ryder Ripps at the US District Court of Central California on June 25.

The firm claims Ripps deliberately attempted to devalue Bored Ape NFTs by flooding the market with a lookalike collection created using the original Bored Ape images. Ripps’ collection is named “RR/BAYC” NFTs.

As of press time, Bored Ape NFTs’ floor price is 95 ETH ($104,000), while RR/BAYC’s floor price is 0.185 ETH ($203).

Meanwhile, Ripps reportedly said he would settle the case only if he received a $100 billion payout because it caused him much anguish.

The post Ryder Ripps hires lawyers ahead of legal showdown with Bored Ape’s Yuga Labs appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Cardano unlocks Bitcoin liquidity with BitcoinOS Grail Bridge integration

Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking the top digital asset’s substantial liquidity for its DeFi ecosystem On Oct 24, BitcoinOS

Web3 Game Off the Grid Numbers Shine Despite Promotional Drop

Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages While the game has fallen from the top 100

Bitcoin, ETH, & XRP Price Prediction: Bull Run To Commence Post Elections?

The post Bitcoin, ETH, & XRP Price Prediction: Bull Run To Commence Post Elections appeared first on Coinpedia Fintech News Amid increased volatility, the crypto market cap has dropped to $231

China Crypto News : Is Digital Yuan The Secret Weapon Against the Dollar?

The post China Crypto News : Is Digital Yuan The Secret Weapon Against the Dollar appeared first on Coinpedia Fintech News The East is definitely displeased with the dominance of the US dollar in the

OnEquity Wins the Most Transparent FX Broker 2024

The post OnEquity Wins the Most Transparent FX Broker 2024 appeared first on Coinpedia Fintech News OnEquity is proud to announce that it has been honoured as the Most Transparent FX Broker 2024,

Is The Cat Season Here? MEW Hits $1 Billion Market Cap After New ATH

Cat in a dogs world (MEW) has taken the market by storm after becoming the second cat-themed memecoin to hit a $1 billion market capitalization The token joined POPCAT’s rally and reached a new