We recently published an article about Lil Yachty suing Opulous for trademark infringement. To discuss its side of the story, Opulous issued a brief statement in response to Yachty’s lawsuit, saying:
“Contrary to the assertions in the complaint filed by Lil Yatchy, Opulous’s uses of Lil Yatchy’s name and likeness were all authorized by Lil Yatchy and his representatives. We intend to vigorously defend ourselves against these meritless claims”
Last year, Opolous announced exclusive NFTs via Twitter. Credit: Twitter
Lil Yachty and Opulous are involved in a legal battle.
To begin, Opulous is a blockchain-based music platform founded by Ditto Music CEO, Lee Parsons. In June last year, the music company said that it was teaming with Binance to create and sell “exclusive NFTs” from artists including Lil Yachty and Kyle.
Last week, Lil Yachty filed a lawsuit alleging that Opulous used the artist’s image without permission. This lawsuit claimed that MBW published articles about “exclusive NFT’s“. According to the articles, the Opulous founder was able to capitalize on the attention and raise $6.5 million in venture capital.
Conversely, the company claims that the rapper gave the go-ahead for Opulous to create exclusive NFTs bearing Lil Yachty’s name. By the same token, according to the company’s statement, all of the claims were baseless.
Let’s see how these events unfold, until then; read here to learn more about the entire story.
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