lawsuit News

ApeFest, the high-profile event celebrating Bored Ape Yacht Club enthusiasts, concluded with unforeseen legal drama.

Yuga Labs, the blockchain mastermind behind the viral Bored Ape Yacht Club (BAYC) NFTs, has been awarded almost $1.6 million in damages by a California federal judge.

Andrey Yanyuk, known as Reynad27, is embroiled in a legal battle over an NFT game. The popular Twitch streamer and competitive gamer from Ukraine, now based in the United States, faces a lawsuit with potential damages up to $5 million.…

In the escalating legal tussle over nonfungible token (NFT) art related to the Bored Ape Yacht Club, Ryder Ripps' most recent bid to get the lawsuit dismissed seems to be facing a tough hurdle. A panel of judges expressed skepticism over the arguments presented by Ripps and Jeremy Cahen, suggesting that the appeal might not find favor in the courts.

The value of Milady's, one of the hottest NFT projects drops as its founders engage in public legal battles, upon Krishna Okhandiar, one of the five co-founders, being pushed back over “extremist and overtly racist” online posts and trying to take over the Remilia DAO.

Basketball legend Shaquille O’Neal is under legal scrutiny following allegations of neglecting his role in the NFT project Astrals after the collapse of FTX, which he endorsed. A federal class action lawsuit against O’Neal has intensified with an amended complaint…

The co-founders of the renowned Gala Games, Eric Schiermeyer and Wright Thurston, are now caught in a contentious legal dispute, hurling accusations at each other in a court of law. The heart of the matter is an alleged theft of…

In a pivotal moment for the NFT space, the SEC filed its first enforcement action against a major player, Impact Theory, redefining how we view these digital assets.

Nathanial Chastain, the former manager at OpenSea, has been handed down a three-month prison sentence in a groundbreaking verdict in the first case of NFT insider trading granting a conviction.

The iconic blockchain detective, ZachXBT, disclosed on Monday that the lawsuit filed against him by Jeffrey “Machi Big Brother” Huang, which was initiated in June, has been officially withdrawn. The decision comes on the heels of ZachXBT making significant revisions…

Prestigious auction house Sotheby’s, along with a slate of high-profile celebrities including Madonna, Paris Hilton, and Justin Bieber, are being sued over their involvement with the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). Defunct FTX bought over 100 Bored…

In the fast-paced, often opaque world of NFTs, investigative dynamo ZachXBT has made a name for himself as a relentless pursuer of truth. His latest feat, unearthing the machinations behind a suspected $3.1 million NFT rug pull, has once again proven his mettle. The evidence unearthed by ZachXBT has been leveraged in a Canadian class action lawsuit against the Boneheads group, a case that echoes with allegations of contract breaches, fund misuse, and project abandonment.

The luxury brand Hermes has secured a permanent ban on artist Mason Rothschild’s “MetaBirkin” non-fungible tokens (NFTs), following a ruling by a US court. The court accepted Hermes’ request to halt Rothschild’s sales. The decision was based on the argument…

In a shocking legal dispute, renowned NFT trader MachiBigBrother, legally known as Jeffrey Huang, has filed a lawsuit against independent blockchain investigator ZachXBT. The lawsuit stems from an investigation that ZachXBT conducted and published in June 2022, accusing Huang of…

The team behind this iconic feline, an emblem of the viral meme and NFT world, has issued a cease-and-desist letter to Twitter user SlumDoge Millionaire, who had been promoting the $GRUMPYCAT token.

Shaquille O’Neal, a former NBA star, is being sued collectively over unethical promotional activities for his Astrals NFT project. Shaq sued over Astrals NFT According to Ariel Givner, Esq., an IP and corporate attorney in the web3 industry, Shaquille is…