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Chaos on the Planet of the Bored Apes

A new lawsuit could influence the future of the NFT market. Oh, and there are alleged Nazis, too.

bored ape
Photo: Gotham/GC Images
Eriq Gardner
August 15, 2022

Are Nazi sympathizers laundering racist ideology with an army of digital apes and abusing the law to muffle criticism of their dastardly plot? That may sound freakishly preposterous, and yet it’s exactly the batshit situation described in court papers filed on Monday, in response to a recent lawsuit from Yuga Labs, the multi-billion dollar company behind the Bored Apes Yacht Club. The case, which pits a couple of NFT millionaires against a copycat conceptual artist, is already raising significant questions about art and commerce. It may even reshape our understanding of NFTs, themselves.