Bored Ape Yacht Club creator, Yuga Labs, has settled a lawsuit with artist Ryder Ripps and Crypto entrepreneur Jeremy Cahen, ending the legal dispute that involved Bored Avantvant. The terms of the settlement are confidential, but it prohibits Rripps from using trademarks and images owned by Yuga Laboratories. The lawsuit was part of a larger effort to hold scammers and counterfeiters accountable for their actions in the web3 industry. The judge found the defendants' actions to be "obstructive and evasive" throughout their depositions and during their trial testimony, leading to a judge ruling in Yuga's favor in February of 2024 and ordering them to pay about $9 million.