Nifty News: Jimmy Fallon wants exemption from BAYC trademark case
Jimmy Fallon wants out of the BAYC trademark case while Blur is responsible for the NFT market’s 3-month high. Lawyers of Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show , have filed a petition to "quash" a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case. The lawyers claim that Fallon has no connection to the dispute, is not a party to the Ripps litigation, and has never met or interacted with Ryder Ripps, creative director of OKFocus and Jeremy Cahen, one of the founders of the alleged Bored Ape Yacht Club (BAYC) “copycat.” Yuga Labs is suing Ryder Ripps and Jeremy Cahen for issuing a "copycat" nonfungible token (NFT) collection that resulted in trademark infringement, false advertising, and unfair competition. The ongoing case has brought a focus to intellectual property (IP) and trademark rights within the NFT space. While Fallon acquired a Bored Ape Yacht Club NFT and talked about it on his sho...