Categories: Techno

Yuga Labs filed a lawsuit against a cryptobloger for failure to comply with a judgment

< img src = "/uploads/blogs/1c/1E/ib-frvfnvs9p_236c5c29.jpg" Alt = "yuga labs < P > Yuga Labs, creator NFT Collection Bored Ape Yacht Club, has submitted a request to the US Federal Court for forced cryptocurrency recovery for almost $ 400,000 Paly0x.

< P > The statement indicates that assets include bitcoin, Ethereum and the PEPE token, and they are stored on four cryptomens.

< p > & laquo; Yuga labs took active actions under California's legislation almost monthly after the final court decision is made to find and collect Kachen & referred to in the company's court submission.

< p >The case against Kachen and Raider Ripps artist was violated in July 2022, when they launched a NFT Collection RR/Bayc & MDash; A satirical copy of the Bored Ape, which the authors positioned as a protest. YouTube Philip Rusnak argued that original images contained hidden Nazi and racist symbols.

< P > In April 2023, the court acknowledged that the project had violated the Yuga Labs trademark and later awarded the company more than $ 1.5 million compensation. In February 2024, this amount increased to almost $ 9 million, including lawyers' fees and interest for late, as indicated in the claim.

< P > The final decision came into force on March 3, 2024, but Kachen has not yet paid any part of compensation and did not ensure suspension of the sentence that gave Yuga Labs a legal right to recover assets. ~ ~ ~ < p > court documents indicate that Kachen translated $ 396 946 in cryptocurrency only a day after his account on his account with the GEMINI cryptobier was arrested & mdash; that, according to Yuga Labs, may indicate a deliberate attempt to evade a collection.

< P > In addition, the company sent summons to banks and cryptoplatform, including Bank of America, Chase, Wells Fargo, Robinhood, Coinbase, Binance and Gemini.

~ < p > Kachen stated that not an obligation & Rsquo; it was a judicial investigation as an appeal. However, the formal suspension of the sentence did not provide.

< p > in February 2025 Puuerto Rico & nbsp; nbsp; nbsp; nbsp; tinge to the list of most wanted persons because of suspicion of a qualified attack.

~ ~

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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