Yuga Labs, the creative studio behind Bored Ape Yacht Club (BAYC), has announced an expansion to its non-fungible token (NFT) ecosystem that starts with a free mint and a skill-based game.

Yuga Labs is only giving attention to irreverent artist Ryder Ripps in its efforts to silence his damaging conspiracy.

The legal saga continues for Yuga Labs, the creator of the hit NFT project Bored Ape Yacht club, and NFT artist Ryder Ripps. 

Yuga Labs‘ total royalty income from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (MAYC) collections add up to $107.8 million, according to data shared by MilkRoadDaily.

Conceptual artist Ryder Ripps tweeted his response and counterclaims to the lawsuit filed against him, and fellow defendant Jeremy Cahen, over trademark infringement of the Bored Ape Yacht Club (BAYC) brand.

Yuga Labs, creators of the popular Bored Ape Yacht Club NFTs, received a counterclaim in an ongoing lawsuit against an artist and his business partner who allegedly forged “copycat” versions of their NFT collection. 

The latest $4.5 billion fund, known as "Crypto Fund 4," launched in May and dedicated $1.5 billion to seed investments and $3 billion to venture investments. The firm is a titan in Silicon Valley, having raised a total of $7.6 billion for the sector after launching its first crypto fund four years ago. It has most recently backed crypto startups which include Aztec, Mysten Labs and Yuga Labs.

Yuga Labs, the Web3 startup behind Bored Ape Yacht Club, announced on Monday that former Activision Blizzard (ATVI) president and COO Daniel Alegre is stepping in as the company's new CEO, effective in the first half of 2023.

An ongoing legal tiff between NFT developers Yuga Labs and an artist and his NFT business partner continues as a U.S. federal court denied a motion to dismiss opposition from the Bored Ape Yacht Club creators, according to a filing on Friday.

Last Friday, two investors who purchased ApeCoin tokens sued Yuga Labs, the parent of the Bored Ape Yacht Club series, along with company executives, board members and a group of promoters. The investors hope for Adonis Real et al. v. Yuga Labs, Inc. et al. to be certified as a class action on behalf of all who purchased Yuga’s NFTs or ApeCoin tokens between Apr. 23, 2021 and now. The 95-page complaint, which was filed in a Los Angeles federal court, raises claims for unfair competition, unjust enrichment, violations of consumer law, aiding and abetting, civil conspiracy and multiple breaches of federal securities law. It seeks a jury trial and at least $5 million in damages.