California court removed from the posts of the founders of Yuga Labs – Bits Media

The California court ruled, that the two founders of the Yuga Labs studio must leave their positions and arrive in the court to testify.

Founders Yuga Labs Wiley Aronov (Wylie Aronow) and Greg Solano (Greg Solano) were sentenced to the federal court of California to temporary removal from the posts for disrespect for the court, failure to appear at the meeting and a deliberate refusal to testify without a good reason. Applications Yuga Labs about that, that they could not file a timely application for the transfer of hearings, regarded by the court as those who do not have grounds.

This sentence was a continuation of the legal litigation between the Yuga Labs studio, Creator of the popular NFT BORDED APE YACHT project, and NFT artist Ryder Ripps (Ryder Ripps).

Recall, that Yuga Labs filed a lawsuit on the fact of copyright violations for a series of incorrect Bored Ape tokens and undermining its economic activity by Ripps, as a result of which developers can suffer losses. The claim was approved, that the artist sought to "depreciate NFT BORDED APE, Finding the market with its own collection of fakes NFT, Using the original images of the Bored Ape and calling them RR/Bayc ".

Ripps denied all the accusations of Yuga Labs of allegedly copying the Bored Ape collection. He claims, that Yuga Labs does not own the relevant copyright, as well as that the unique nature of non -replaceable tokens does not technologically not allow you to create copies.

“Each of these NFT is a record in a decentralized digital book and is completely unique in design, What makes them inconsistent and impossible for copying ", - said Ripps in an appeal to the court.

The court called on the founders of Yuga Labs as promptly as possible to agree on an alternative date for testimony. Otherwise, Yuga Labs will be responsible for paying for any expenses, linked judicial hearings.

The other day, Director General of the NFT Superrare trading platform, John Crane (John Crain) declared a reduction 30% staff, Since during the rise of the NFT market there were too many employees and the platform is no longer able to support them.