Kanye West scores victory in legal battle against adidas

Kanye West, known as Ye, wins a victory in the complicated legal battle against adidas that both have been dragging on since the sports multinational decided to cut the relationship due to the rapper’s inappropriate behavior.

A Manhattan federal court has lifted the seizure of Yeezy’s funds that adidas had requested last year. Initially, the injunction had been accepted by the court, which left no less than $75 million in Ye’s firm’s accounts blocked. adidas had made the decision to freeze them to ensure that they remained in his accounts until the two companies tried to sign a mutually agreed business separation.

Ye began sharing a series of statements via Twitter in which he explained how he had lost control over $75 million held in 4 different accounts as they had been frozen by the New York court order. “I went from being a billionaire to not being able to use my Apple Pay four nights ago,” “I couldn’t use my Apple Pay because somehow Adidas was able to legally log in” to his accounts and “freeze my money,” he wrote on the networks. “When I see this, I think, well, if this can happen to me, this can happen to other Americans,” “an American who didn’t even steal anything, who didn’t even hurt anyone,” “this could happen to you for saying the wrong idea out loud.” It was then that the Court and Judge Valerie E. Caproni made the decision to unfreeze the $75 million from Yeezy’s accounts, arguing as the main reason that adidas had not applied for the seizure order in time.

In other news, Aminé will launch his own sneaker with New Balance.