Trademark Tussle: Trader Joe’s Grocery Slaps Lawsuit On DEX Trading Platform

Trademark Tussle: Trader Joe’s Grocery Slaps Lawsuit On DEX Trading Platform

Trader Joe’s, a well-known supermarket chain in the United States, has taken legal action against a decentralized exchange (DEX) platform named Trader Joe, alleging that it has violated federal trademark laws.  The DEX platform, which operates under the domain name traderjoexyz.com, not only shares the same name as the supermarket but, according to recent reports, also appears to be trying to leverage the supermarket’s established brand and reputation.  US Supermarket Giant Locks Horns With Trader Joe DEX Trader Joe’s has gained popularity in the digital realm by....


Related News

Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit

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....

Bitreserve Lawsuit Rumor Untrue

CoinTelegraph can reveal that reports of Bitreserve facing a trademark lawsuit because of its use of the name “Bitgold” are unfounded. A recent article in Altcoin Press suggested that Nick Szabo, who supposedly trademarked the name “Bitgold”, could bring a lawsuit against the digital money service. The article, however, appears to be complete speculation. CoinTelegraph checked the United States Trademark and Patent Office and found no registered trademark under the name “Bitgold”. “You cannot use the word Bitgold that was coined by myself and Nick Szabo a decade ago when we devised the....

Telegram to pay $625K in fees after dropping 'GRAM' ticker lawsuit

Telegram must pay $625,000 to Lantah LLC — a small crypto firm it sued in 2018 over using the ‘GRAM’ trademark and ticker. Telegram Messenger Inc. has been ordered to pay nearly $625,000 worth of legal fees to a small cryptocurrency firm that it sued over using the ‘GRAM’ crypto-ticker and trademark.In a Nov. 2 ruling, U.S District Judge Charles Breyer granted $618,240 in attorney’s fees for 1,030.4 hours work billed at $600 per hour. Lantah had requested compensation at a rate of $900 per hour, but the judge reduced the fees to meet the market rate for the services.Lantah was also awarded....

Retailer Marc Jacobs Names Bitcoin Website in Trademark Lawsuit

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....

Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs

The trademark application comes months after filing a lawsuit against NFT project MetaBirkins for allegedly using its Birkin brand to sell digital collectibles. Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse. According to an Aug. 26 filing to the United States Patent and Trademark Office (USPTO), the trademark covers downloadable software to view, store and manage virtual goods, digital collectibles, cryptocurrencies, and NFTs “for use in online worlds.”It also filed trademarks....