Ryder Ripps instructed WilmerHale ahead of his upcoming legal battle with Yuga Labs.
He said on a Twitter space that he had incurred “a lot of anguish,” but would consider settlement in excess of $100 billion.
They allege Ripps sought to “devalue the Bored Ape NFTs by flooding the NFT market with his own copycat NFT collection using the original Bored Ape Yacht Club images and calling them ‘RR/BAYC’ NFTs.” The company is seeking a judgement that will prevent Ripps from engaging in further interference with its prospective economic relations, as well as damages and attorneys’ fees.
“I do see it possible that that they will wake up one day and realize the gravity of their troll and their incessant lies and their disrespect towards other people… and realize that we fucked up big and we're going to do what's right," he said."We're gonna pay this money back to all of those people and we're gonna pay Ryder’s lawyer fees and we're gonna see what we can do to make him right, we’re gonna become a charitable organization.
He will be working alongside co-counsel Alfred Steinder of Meister & Steiner PLLC, an expert on NFTs and intellectual property law.
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