The last 24 hours have been tough for Bored Ape Yacht Club holders as OpenSea delisted their NFTs. The marketplace disabled multiple digital assets because they were allegedly “against the Terms of Service”. The project quickly resolved the issue – but the community is still in shock.
When did the Bored Ape Yacht Club get delisted on OpenSea?
Less than 24 hours ago, Bored Ape Yacht Club NFT collector @economist was checking his collection on OpenSea. Surprisingly, the marketplace displayed a strange message for one of his Apes:
Of course, the collector shared the message via Twitter. As it turned out, the same happened to many other BAYC NFT holders.
In a matter of hours, the Bored Ape Yacht Club apparently solved the issue with OpenSea. The team shared the following message in a tweet:
“There was a brief OpenSea error earlier in which they mistakenly and temporarily delisted a number of Bored Apes from their platform. We resolved the issue with all assets showing again. We are in contact with them to ensure this doesn’t happen again.”
Why did OpenSea delist the BAYC collectibles?
In short, some assumed it was just a technical error on behalf of the marketplace. Meanwhile, others thought the incident is because of the project’s court case against Ryder Ripps.
Last week, Yuga Labs filed a lawsuit against the collector accusing him of trademark infringement, false advertising, and misleading the audience. In fact, the team claims that Ripps aims to harass the project in various ways.
At this moment, nobody can’t predict how the court will react to the accusations. After all, this is the first NFT-related lawsuit of this magnitude. However, you can read our in-depth post to find out everything we know so far about Yuga Labs’ BAYC lawsuit!