The judge made a ruling on the fake BAYC case: compensation of $9 million to BAYC
Ryder Ripps and Jeremy Cahen had their countersuit against Yuga Labs dismissed and were ordered to pay the digital collectibles company nearly $9 million in damages.

Ryder Ripps and Jeremy Cahen had their countersuit against Yuga Labs dismissed and were ordered to pay the digital collectibles company nearly $9 million in damages.
Following a security breach at NFT Trader, stolen BAYC and MAYC NFTs were quickly recovered, highlighting the need for improved security in the NFT space.
A BATHING APE® (BAPE®), renowned for its streetwear, announced today a forthcoming collaboration with Bored Ape Yacht Club (BAYC). The joint venture, in association with NFT production studio Yuga Labs, heralds a convergence of fashion and blockchain technology.
This morning, the BAYC issued an apology statement, acknowledging the mistaken installation of the ultraviolet lamp during the event of ApeFest.
BAYC’s exclusive ApeFest Hong Kong merch drop is in the midst of a hiccup with the online store being taken down temporarily until website issues are resolved.
Bored Ape Yacht Club-themed pop-up restaurant will grace Singapore with its inaugural pop-up experience from 11 to 19 August 2023. NFT connoisseurs, BAYC enthusiasts, and the uninitiated can anticipate the unveiling of Bored & Hungry's hallmark OG burgers!
With the floor price of a staggering 153.7ETH at one point, BAYC has sunk to a 30ETH low. Many celebs, notably Justin Bieber, saw their once-highly priced token, take a nosedive as the NFT market is seemingly in a lull.
The SEC is investigating Bored Ape Yacht Club creator Yuga Labs for securities violations.
According to OKHotshot's investigation, the attack was carried out by hacking into the Discord account of Yuga Labs' community and social manager Boris Vagner.
Research the world of BAYCs, find out what they are all about, and check out on-chain data to see if the hype is real.