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A federal court has overturned Yuga Labs' $9 million legal victory against Ryder Ripps in a trademark infringement case involving the Bored Ape Yacht Club, requiring Yuga Labs to provide stronger evidence to support their claims. This ruling highlights the necessity for startups to secure and enforce intellectual property rights with solid proof. In a separate legal development, Logan Paul filed a lawsuit accusing his former partners of orchestrating the failed CryptoZoo project, alleging it was a scam. However, a U.S. federal judge denied Paul's motion for default judgment against the CryptoZoo co-creators, ruling that he cannot shift blame onto them in the ongoing fraud lawsuit. This decision maintains Paul's direct legal responsibility in the case.
LOGAN PAUL CAN’T SHIFT BLAME IN CRYPTOZOO FRAUD SUIT, SAYS FEDERAL COURT A U.S. judge has denied Logan Paul’s motion for default judgment against CryptoZoo co-creators, ruling he cannot offload blame in the ongoing fraud case. The decision keeps Paul directly in the legal https://t.co/8iXFVPnkMR https://t.co/yMeJ4HTCFq
NEW: Logan Paul cannot blame CryptoZoo co-creators in fraud lawsuit, federal court rules as judge denies his motion for default judgment against the co-founders. https://t.co/st9SzYlcFw
🚫 Yuga Labs' $9M victory against Ryder Ripps over Bored Ape Yacht Club trademark infringement is overturned. They must now provide stronger proof. For startups, this underlines the importance of solid evidence when defending intellectual property rights. https://t.co/mQjPjYg5Bi
