So this crypto influencer Jeremy Cahen (Pauly0x) is apparently on Puerto Rico's most wanted list for aggravated assault, and now Yuga Labs is trying to hunt down nearly $400K in his crypto to cover a $9M trademark judgment. Wild stuff.



Basically Cahen and some artist got sued back in 2022 for making knockoff Bored Ape NFTs - claimed it was "parody" but the court wasn't having it. Fast forward to 2024 and the damages ballooned to $9M including legal fees. Cahen never paid, never posted bond, so Yuga Labs started going after his assets.

Here's where it gets messy - court records show Jeremy Cahen moved $396K in crypto (Bitcoin, Ethereum, PEPE) out of his Gemini account literally ONE day after a levy was served. Like, the timing is insane. He moved it to new wallets before Gemini could freeze anything. Yuga Labs is calling it deliberate evasion and filing a turnover order to seize the funds.

Meanwhile Cahen's been building this whole online persona as 'the most censored man on X' and now he's running some decentralized exchange called Pond0X. But yeah, with an active arrest warrant and Yuga Labs coming after his coins, doesn't seem like things are going great for him right now. The court hasn't ruled on the seizure motion yet though.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned