Jack in the Box ends suit against FTX for allegedly stealing its mascot
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....
Related News
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by devaluing the goodwill associated with Jack.”
Jack in the Box Says FTX’s Moon Man Is an ‘Inferior Version of Jack’
One of America’s largest hamburger chains, Jack in....
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....
A popular Instagram personality has been charged in the U.S., accused of stealing bitcoins worth millions of dollars from his followers. He allegedly convinced the “victims to sell him their bitcoin at attractive, but inflated, values” but he never wired them the money for the coins sent to him. Instagram Influencer’s Bitcoin Scam The U.S. Department of Justice (DOJ) announced Wednesday that a popular Instagram personality known as “Jay Mazini” has been charged with wire fraud related to a bitcoin scam. The Justice Department wrote: A complaint was filed in....
Stealing Bitcoin is not confined to computers and hacking anymore. There are some people who would like to do it in the old school fashion. Until now we have been hearing about exchanges and wallets being hacked, or some cybercriminals using ransomware to demand Bitcoin, but now we can add robbing at gunpoint as another effective way of stealing Bitcoin. A man in New York City was relieved of his Bitcoin worth $1100 sometime in the last month. The robbery victim was allegedly trying to sell Bitcoin when thisincident happened. In what is now being called a street-cybercrime, the victim - a....
North Korea has always hogged the headlines – not only for its “habitual” firing of ballistic missiles (which irks Uncle Sam and his allies) – but also for its passion for (allegedly) stealing other countries’ crypto. On Thursday, (Feb. 10), North Korea accused the US of stealing funds and committing underhanded cybercrime just days after […]