Daily Archives: 28/06/2022

Yuga Labs accuses Ryder Ripps of counterfeiting Bored Ape NFT collection

Yuga Labs filed a lawsuit over copyright infringement of the Bored Ape series of non-fungible tokens and disruption of economic activity, as a result of which developers may incur losses. Bored Ape, founder of the NFT Yacht Club, tweeted that the application was filed on June 24 in the District Court of Central California. The studio suspects artist Rider Ripps and his partners of infringement, who, the plaintiffs insist, created and sold “fake copies of…

Nexo denied the accusation of misappropriation of donations for the children’s fund

Lending platform Nexo, in response to an accusation by a Twitter user of embezzling funds for charity, warned that it could take the slanderer to justice. Otteroooo published a series of posts alleging that the founder of Nexo and members of his family were siphoning off funds from HelpKarma, a children’s health charity in Bulgaria. Nexo representatives allegedly used the donations to buy real estate and fund “lavish personal travel.” Otteroooo elaborated that Nexo has…