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Lil’ Yachty is suing an NFT seller by the name of Opulous for trademark infringement.
Reportedly, the seller used Yachty’s name and likeness without his permission to raise over $6.5 million. The lawsuit was filed last week in Los Angeles federal court.
Yachty claims his management was pitched the idea, and he joined for a second call for “a general introductory meeting,” but they never came close to actually finalizing a deal.
“Defendants knew that they did not have authorization to utilize plaintiff’s name, trademark or image… yet did so anyways because [it] was beneficial to Defendants’ commercial enterprise, in blatant and conscious disregard for plaintiff’s exclusive legal rights,” Yachty’s lawyers wrote.
“There were no further communications between the parties, and accordingly no agreement or deal terms for plaintiff’s involvement in the defendants’ launch of the Opulous platform was ever reached,”
he wrote in the lawsuit.