Ripple Sues Social App for $2 Million Over Trademark Infringement
Ripple (formerly Ripple Labs) has filed a trademark infringement lawsuit against Kefi Labs, the makers of a social photo-sharing app called Ripple. In documents filed on 2nd October in the US District Court for the Northern District of California, the San Francisco startup stated it is seeking $2m in damages against Kefi Labs for infringement, unfair competition and cybersquatting, funds it suggests represent three times of the value of the actual damages sustained. The 13-page lawsuit goes on to allege Kefi Labs and its employees used domain names such as getripple.io that were....
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Ripple Labs Inc., issuers of the XRP cryptocurrency, has filed for a new trademark called “Paystring” with the US Patent and Trademark Office (USPTO). The trademark was filed on Nov. 6 and accepted on Friday, according to the USPTO website. Although Ripple did not specify which sort of business will fall under the new product, it is notable that the trademark’s registration description matches that of PayID, a trademark it registered on June 17, word for word. Both the official description for Paystring and PayID read: “[The]…trademark registration is....
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency.
CBN’s Alleged Trademark Infringement
As previously reported by Bitcoin.com News, Nigerian firm Enaira Payments Solution had filed a trademark infringement lawsuit against the central bank for its use of the term....
Retail store operator Marc Jacobs has named a website called BitcoinFashion.net in a lawsuit aimed at preventing the unauthorized use of its trademarks. Filed on 14th April in the US District Court for the Southern District of Florida, the complaint states that 66 named websites, including BitcoinFashion.net, are responsible for the illicit use of Marc Jacobs trademarks as well as the sale of counterfeit goods bearing the company's name. Marc Jacobs is accusing the named defendants of trademark counterfeiting and infringement, false designation of origin, claim for relief for....
Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form. Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come to an end after the parties reached a settlement. The duo informed the District Court for the Southern District of California that they had resolved the dispute via a motion to dismiss on Jan. 20, however the specific details of the settlement have not been disclosed. The popular fast food chain initially....
The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers.