According to Foresight News, a U.S. court has reopened the trademark lawsuit filed by Yuga Labs against concept artist Ryder Ripps and developer Jeremy Cahen. The court has ruled that a jury must determine whether their parody NFT series misled consumers. Greg Solano, co-founder of Yuga Labs, stated that the court recognized Yuga's Bored Ape Yacht Club (BAYC) NFTs as protectable trademarks, dismissing claims that NFTs are too intangible to qualify for trademark protection under U.S. law. The court confirmed that NFTs can be protected as "goods" under the Lanham Act, rejecting arguments against their eligibility for trademark protection.

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