Ripps and his legal team raised issues of celebrity endorsements, art, the First Amendment and what crypto really is as defenses in the copying of the Bored Ape Yacht Club collection that he then offered as RR/BAYC — defenses that were rejected. Damages are set to be decided at a trial scheduled for June. Ripps told CNN he would appeal. In an opinion filed on Friday granting Yuga’s motion for summary judgment, Judge John F.
” The Bored Apes were some of the most famous NFTs, and at their height in early 2022, occasionally sold for more than $1 million apiece. They are digital pictures of apes in a variety of outfits, such as sunglasses, a military helmet, “hip hop clothes,” and a “pimp coat.” Celebrities like Snoop Dogg and Paris Hilton said they got apes and appeared on national television promoting them.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »