Yuga Labs’ co-founders are to be Deposed in ongoing petition
The company filed a petition to block its founders from being deposed but failed.
Yuga Labs, the creator of the popular Bored Ape NFT, filed a motion last week with the aim of exempting themselves from depositions in a lawsuit over copycat NFTs. The petition was filed on the 8th of January.
The petition stated that Yuga Labs’ co-founders namely Wylie Aronow and Greg Solano should be made immune to deposition. However, a judge ruled out the petition, emphasizing that the company did not have sufficient evidence for the motion and hence the petition was denied. The petition denial translated to the fact that the co-founders of Yuga’s labs are to be deposed and questioned by the attorneys of one of the company’s most staunch and vocal critics – artist Ryder Ripps. The company has tried silencing Ripps making incendiary claims while not giving him more ammunition.
Yuga Labs’ legal strategy was to sue Ripps for trademark infringement rather than copyright infringement or defamation. This was in a bid to prevent the vocal critic from turning the case into a referendum on the duplicability of NFTs or a display of his allegations. However, this action has put the company on a different path
Yuga Labs at war with Ryder Ripps
In early 2022, Ryder Ripps came forward with allegations that Bored Apes NFTs contained hidden but deliberate pro-Nazi Imagery. This allegations against Yuga Labs came in when Phillion, another relevant personality within the web3 industry, released an hour long video revealing why Yuga Labs’ branding resembles and is inspired by Nazi symbols.
Ryder Ripps then sold a copycat collection of 10,000 Apes in May as a form of awareness. Ripps aimed at questioning the legality and ethics of the Bored Apes NFT reproduction. This led to Yuga Labs lawsuit against him as the company did not take his action kindly. Unfortunately, this news came in when the company was about to celebrate their one year anniversary.