AMP version

Jay-Z and Dame Dash Reach Settlement In 'Reasonable Doubt' NFT Case

Jay-Z and Dame Dash Reach Settlement In 'Reasonable Doubt' NFT Case

Jay-Z and Dame Dash have reached a settlement in their court case, which involves Dash's attempt to allegedly sell a portion of the copyright to Jay-Z's solo album as an NFT. The parties announced in court papers filed on 6/13 that an agreement was reached where Dash could sell his one-third stake in Roc-A-Fella Records, the company that he formed with Jay-Z and Kareem "Biggs" Burke but he could not "In any way dispose of any property interest in Reasonable Doubt."

The agreement additionally dismisses the claim that Roc-A-Fella brought against Dash without prejudice. Under the agreement Roc-A-Fella owns all of the rights to Reasonable Doubt including its copyrights. "No shareholder or member of Roc-A-Fella Records Inc holds a direct ownership interest in Reasonable Doubt," the agreement stipulates.

It was almost a year ago that Roc-A-Fella sued Damon Dash for allegedly trying to mint and sell the copyright for Reasonable Doubt as an NFT on the SuperFarm auction website. Dash told Rolling Stone that he wasn't trying to sell the album as an NFT, rather he was attempting to sell his stake in Roc-A-Fella after the label tried to purchase it at a low price.

"When another Black man calls another Black man a thief just to make them look bad, and so that they can devalue an asset that the other man owns, just because he won't sell it for a low price - I don't think the culture needs that," Dash said. Dash's attorney Natraj Bhushan said in a statement that "this meritless lawsuit ended much as it began: with each party in the same position as they were prior to the commencement of this litigation."

Related News

Damon Dash attends The 2015 Grammy Awards: SESAC Brunch at Four Seasons Hotel Los Angeles At Beverly Hills on February 8, 2015, in Los Angeles, California.

Dame Dash Denies 'Reasonable Doubt' NFT Settlement: "Please Don't Believe This Hype"

Mar 17, 2022

Damon Dash attends the National Film and Television Awards Ceremony at Globe Theatre on December 05, 2018 in Los Angeles, California.

Dame Dash On the Recent Murders In Rap Music: "It's an Algorithm"

Mar 01, 2022

Hip-Hop Label 101: Roc-A-Fella Records

Nov 05, 2020


new music

The LOX Drop New "Terminator LOX" Video

new music

Cormega Releases "Essential" From His Upcoming Album 'The Realness II'


50 Cent's 'Power Book III: Raising Kanan' Gets Early Season Three Renewal

new music

Royce Da 5'9 Drops Greatest Hits Album 'The Heaven Experience Vol. 1'