NFT blockchain marketplace. Photo: Rokas Tenys via Shutterstock NFTs and Blockchain-Enabled Goods Are Not Above the Law
A discussion of "Yuga Labs, Inc. v. Ryder Ripps," a recent ruling out of California where the court determined that a controversial NFT project infringed Yuga Labs' trademarks. The decision provides important guidance on how the Lanham Act applies to NFTs and how the First Amendment and Fair Use doctrine may be utilized as defenses in NFT lawsuits.
June 02, 2023 at 10:00 AM
9 minute read
The highly publicized case involving Yuga Labs and creators Ryder Ripps and Jeremy Cahen provides an important signal that courts are willing to apply established legal doctrines to the dynamic and still-maturing marketplace for blockchain-enabled collectibles.
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