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....
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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....