US EditionYuga Labs Demands $400K in Influencer’s Crypto Wallets Over NFT Lawsuit
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6 Articles
Yuga Labs Seeks Access to Crypto Wallets to Enforce Judgment in Bored Apes Lawsuit
In a surprise development, the copyright clash between Yuga Labs and the duo behind the Bored Ape Yacht Club-lookalike NFT series RR/BAYC, Ryder Ripps and Jeremy Cahen, will continue in the US District Court. On April 21, Yuga Labs filed a motion in the federal court that demanded Cahen turn over control of four cryptocurrency wallets allegedly holding some $400,000 in assets. The request follows a February judgment that ordered Ripps and Cah…
According to Yuga Labs lawyers, Pauly0x profited through the sale of counterfeit copies of the Bored Ape Yacht Club, and hides his crypto holdings in order not to pay the billionaire fine imposed by the court. *** Yuga Labs accuses the influencer Pauly0x of evading the payment of a sentence for $9 million. The influencer transferred BTC, ETH and PEPE to four wallets after the ruling. They request that the Marshals confiscate the private keys to …
Yuga Labs wants Pauly0x’s $400K worth of crypto seized
Yuga Labs wants Pauly0x’s $400K worth of crypto seized Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC), is chasing down the crypto assets of Jermey Cahen, aka Pauly0x, while claiming that the disgraced crypto influencer is deliberately avoiding a $9 million judgment against him. The firm claims that Cahen is employing “dilatory tactics” and has tried to “sidestep his financial responsibilities” by moving bitcoin (BTC), ether (ETH), an…
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