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The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute. Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical ears. In an Oct. 17 hearing, three judges from the United States Court of Appeals for the Ninth District appeared largely unpersuaded by the arguments from the attorney representing Ripps and Jeremy Cahen (known by the pseudonym “Pauly” on X), who argued the case should have been dismissed on the grounds of free speech. Ripps and Cahan’s lawyer, WilmerHale partner Thomas Sprankling, argued the knock-off Bored Ape NFTs were sold and distributed in a way that protested the supposedly anti-semitic imagery hidden within the Yuga Labs-created collection. He repeatedly positioned Ripps and Cahan as selling the NFTs as an avant-garde exerc...

Both NFT Ethics and blockchain analytics account Lookonchain allege that the OpenSea exec played a key role in hyping the AnubisDAO project to investors. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, read about how an art gallery in Dubai plans to educate artists about nonfungible tokens (NFT) and Web3, and why NFT marketplace OpenSea said it’s unaware of any involvement of a former executive in a $60 million rug pull. Check out what happened with the Astrology-themed NFT series Lucky Star and, in other news, find out what a Chinese government-owned newspaper plans to do with its own NFT platform. First look: Art gallery in Dubai to educate artists on NFTs, Web3 The forthcoming art gallery 37xDubai, which plans to debut in October, aims to edu...

Tron (TRX) co-founder Justin Sun — moved nearly $1.3 billion worth of cryptocurrency onto Binance deposit addresses over the last 24 hours, in addition to other major transfers. According to Arkham Intelligence data, Sun sent nine transfers to Binance deposit addresses over the last 29 hours. Those transfers — one of which came from his OpenSea account — translate to a total Binance deposit of over $1.28 billion within 24 hours. You might also like: Justin Sun makes huge moves amid insolvency allegations Furthermore, Sun also transferred over 28 trillion BitTorrent (BTT) tokens worth over $10.8 million. Those tokens were transferred to the protocol’s Root Chain Manager Proxy, indicating that those tokens were likely moved off the Ethereum blockchain onto a different blockchain. BTT is a token created by the Tron Foundation to incentivize and compensate users on the popular BitTorrent file-sharing network. The Tron Foundation acquired BitTorrent in 2018 and intro...

Sam Curry, a security engineer at Yuga Labs,in a now-deleted X thread, said he was detained at a U.S. airport because he had earlier attempted to investigate a crypto scam. According to reports, he was detained by U.S. federal agents on Sept. 15 after returning from a trip to Japan. Curry was questioned by Internal Revenue Service’s Criminal Investigation (IRS-CI) unit and the Department of Homeland Security (DHS) agents about a “high-profile phishing campaign.” Thinking it was random, the engineer gave his unlocked phone for agents to access OpenSea logs. You might also like: OpenSea ex-manager retracts bail request amid ongoing appeal U.S. agents later served him with a grand jury subpoena to testify in New York as part of an ongoing investigation into wire fraud and money laundering. However, the subpoena was canceled when agents realized Curry wasn’t involved in the case. “I’m sharing this because I think it’s something peop...