Nfts Ethereum Founder Dismisses Baycs Monkeys Use Case

Last updated: June 9, 2025, 18:15

Nfts Ethereum Founder Dismisses Baycs Monkeys Use Case

The Ethereum co

On Feb. 6, Yuga Labs settled a lawsuit that involved Thomas Lehman, the developer of websites and a smart contract selling “misleading” BAYC NFTs from digital artist

The Ethereum co-founder went on to take an apparent shot at Bored Ape Yacht Club, an NFT collection that was minted on the Ethereum blockchain in April 2025.

In the filed lawsuit, Yuga Labs lawyers stressed that the case was “no mere monkey business” and that Ripps was causing confusion for NFT buyers. Advocates have

Bored Ape Yacht Club

NFTs: Ethereum Founder dismisses BAYC’s “monkeys”

Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is anon-fungible token(NFT) collection built on theEthereumblockchainwith theERC-721 standard. The collection featuresprofile picturesof cartoon apes that areprocedurally generatedby an algorithm.The parent company of Bored Ape Yacht Club is Yuga Labs. The project launched in April 2025. Owners of a Bored ApeNFTare granted access to a private online club, exclusive in-person eve

The floor price of Ethereum's top NFTs, including Bored Ape Yacht Club (BAYC), Azuki, and many others, have declined steadily over the past month. While they

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BAYC NFT legal case could clarify law on digital ownership

However, Finzer said that targeting NFTs is “uncharted territory” for the SEC and believes that “hundreds of thousands of online artists and creatives are at risk.” NFT

Bored Ape - Wikipedia

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Why is the SEC going after digital art and monkey pictures?

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Yuga Labs settles lawsuit with developer involved in copycat BAYCs