November 24, 2024

Rise To Thrive

Investing guide, latest news & videos!

Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo

1 min read
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo

The iconic wolf skull logo of

The intellectual property dilemma is not new for Yuga Labs. One of the founders of the BAYC copycat NFT collection RR/BAYC filed an opposition notice against 10 trademark applications from Yuga Labs.

In the notice, RR/BAYC co-founder Jeremy Cahen highlighted a list of “grounds for opposition” against Yuga Labs’ filings, claiming that the company “abandoned any rights” to certain logo and artwork designs due to BAYC NFT sales granting “all rights” of the digital images to the owners.