Yuga Labs has sued artist Ryder Ripps and several related individuals, accusing them of using the original BAYC images to mass-produce and sell knockoff versions of the NFT series “RR/BAYC,” which devalued BAYC NFTs.
The lawsuit states that there are only 10,000 pieces in the BAYC NFT collection, each unique and often resold for hundreds of thousands of dollars.
Yuga Labs seeks to limit further infringement by Ripps et al, and seeks damages and attorneys’ fees. BAYC imitation disk RR/BAYC has been removed from the NFT market OpenSea.