Jack in the Box claims in court FTX US ripped off its character to create 'Mo...
The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.” Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its "Jack" mascot.According to federal court documents filed in the Southern District of California on Wednesday, Jack in the Box's legal team is requesting a jury trial, claiming FTX US’ Moon Man character — Lou Nar, an adult male typically dressed....
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Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services. Crypto exchange FTX US has applied for a trust charter with the New York Department of Financial Services, or NYDFS, to operate in the state. In a Wednesday announcement, FTX US said it had applied to form a limited purpose trust company with New York's financial services regulator in an effort to offer its products and services to local users. Pending regulatory review and approval, the licensed trust will be run by Fidelity....
The latest novel in the Tom Clancy series has some references to Bitcoin and blockchain technology in its pages. The new book “Tom Clancy Commander in Chief” written by Mark Greaney, was released this past December with fair reviews on both Amazon and Itunes books. The story involves the continuation of the #1 New York Times–bestselling series with the character President Jack Ryan and turmoil with Russia. Jack Ryan the main character gives a fairly decent description of Bitcoin and distributed ledger technology to a character named Clark. Ryan describes the system to Clark explaining how....
The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter.
Former Twitter CEO Criticizes Projects Building on Ethereum
Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project. The Twitter conversation started when Ethereum’s co-creator, Vitalik Buterin,....
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....
Financial services company Square has announced plans to build a hardware wallet for Bitcoin. The company’s CEO Jack Dorsey revealed the project via his Twitter handle. Dorsey claims that the entire design and development will be open source and will involve the crypto community. Dorsey added that their product will be inclusive following Bitcoin’s principles […]