The last 24 hours have been challenging for Bored Ape Yacht Club holders as OpenSea delisted their NFTs. The marketplace disabled multiple digital assets because apparently, they were “against the Terms of Service”. The project quickly fixed the issue, but the community is still in shock.
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When did the BAYC get delisted on OpenSea?
Less than 24 hours ago, Bored Ape Yacht Club NFTcollector @economist was reviewing his collection on OpenSea. Surprisingly, the marketplace showed a strange message for one of his Apes:
The collector soon shared the message through Twitter. As it turned out, the same thing happened to many other BAYC NFT holders also.
In a matter of hours, the Bored Ape Yacht Club evidently solved the issue with OpenSea. The team communicated the following message in a tweet:
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What is the reason behind delisting the BAYC collectibles?
Many individuals assumed this was just a technical error on behalf of the marketplace. Meanwhile, others felt the incident is because of the project’s ongoing lawsuit against Ryder Ripps.
As NFTHi reported, Yuga Labs filed a lawsuit against the collector blaming him for trademark infringement, false advertising, and deceiving the audience. In fact, the team also claims that Ripps aspires to harass the project in different ways.
At this moment, nobody can’t indicate how the court will react to the indictments. After all, this is the first NFT-related lawsuit of this importance.
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