TLDR
- Yuga Labs filed a turnover order to seize nearly $400,000 in crypto assets from influencer Jeremy Cahen
- Cahen and artist Ryder Ripps were previously ordered to pay nearly $9 million for infringing on Bored Ape Yacht Club trademark
- Yuga accuses Cahen of evading court orders by moving assets after levies were issued
- Cahen is also on Puerto Rico’s “Most Wanted” list for aggravated assault with bail set at $75,000
- Cahen founded controversial projects including Pond0x and Pork Coin that faced accusations of being scams
Yuga Labs, creator of the popular Bored Ape Yacht Club NFT collection, is taking legal action to seize cryptocurrency assets from influencer Jeremy Cahen in an ongoing trademark dispute. The company filed a turnover order in the U.S. District Court for the Central District of California targeting nearly $400,000 in Bitcoin, Ethereum, and PEPE coin held across four wallets.
The legal battle began in July 2022 when Yuga…
