Yuga Labs Bored Ape Yacht Club $9M Win Against Ryder Ripps Overturned, Must Better Prove Trademark Infringement

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The creator of the Bored Ape Yacht Club non-fungible tokens (NFTs) needs to better prove that a "satirical" version of these tokens was meant to mislead would-be buyers, a U.S. appeals court said Wednesday, overturning a lower court ruling and sending the case back to that lower court for a new trial. The U.S. Court of Appeals for the Ninth Circuit ruled that a District Court finding that Ryder Ripps' NFT collection harmed Yuga Labs' trademarked NFTs needs to be reconsidered, though without weig...