the latest news in NFTs + crypto art + web3
Top 10 Web3 NFT Moments in 2022 10. The crypto winter decimates NFT sales + crypto 9. Yuga Labs secures $450M seed funding led by a16z 8. Reddit launches 5m NFTs for avatars for users 7. Terra LUNA implodes, causing Cryptocurrency Contagion 6. Yuga Labs sues Ryder Ripps; Ryder Ripps sues Yuga Labs 5. Upstart…
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*COI disclosure: I own two NFTs from Yuga Labs, but not from BAYC.
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SEC points to as signs FTT are securities Excerpts from SEC Complaint against Caroline Ellison and Gary Wang Why should NFT utility projects be nervous? **Nothing on this website is legal advice.
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Court holds Ripps’ use of Bored Apes TMs has no artistic relevance, is explicitly misleading, and is not protected under the Rogers test Court holds that Ripps’ anti-SLAPP motion fails because Yuga’s trademark lawsuit does not “arise out of Defendants’ attempts to publicize and criticize Plaintiff’s purported use of racist, neo-Nazi, or alt-right dog whistles”…
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We don’t know what led to tWitch’s tragic death. But we do know that the world is darker without tWitch’s radiance, a soul who brought so much joy to others. His dancing was a gift to us all.
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Sam Bankman-Fried is charged with:
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On Dec. 12, 2022, the disgraced founder of FTX Sam Bankman-Fried was arrested in the Bahamas and is awaiting extradition. Both the U.S. government and the SEC are charging Bankman-Fried with violations of U.S. laws, including securities and wire fraud. The SEC press release is copied below: SEC Charges Samuel Bankman-Fried with Defrauding Investors in…
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