Bored Ape Yacht Club (BAYC) creator Yuga Labs has scored a key victory in its long-running court battle with Ryder Ripps, the co-creator of copycat nonfungible token (NFT) project RR/BAYC.
Yuga Labs initially filed a complaint against Ryder Ripps and his co-founder, Jeremy Cahen, back in July 2022, alleging that the duo had engaged in trademark infringement, false advertising and unfair competition, among other things.