PANews reported on April 9th ​​that, according to The Block, Bored Ape Yacht Club developer Yuga Labs has reached a settlement with conceptual artist Ryder Ripps and his business partner Jeremy Cahen in a long-standing trademark dispute. According to court documents, the two parties have reached an agreement on the claims in the case; details of the settlement have not yet been disclosed. Ripps is officially prohibited from using Yuga Labs' brand visual elements and trademarks in the future.

In 2022, Yuga sued Ripps and Cahen, accusing them of creating a so-called satirical clone project using the same imagery and ape character as the original NFT series. Ripps argued that his RR/BAYC project constituted "expressive appropriation art" and was protected by the First Amendment, but in 2023, a federal court ruled that the clone tokens could cause confusion in the NFT market, infringing on Yuga's trademark rights, and ordered the two to pay nearly $9 million. The Ninth Circuit Court of Appeals later rejected most of Ripps' fair use arguments, overturning the fine but affirming that NFTs are protected under trademark law.