RATE Group | Oracle Files Trademark Suit Against Cryptocurrency Startup Crypto
58460
post-template-default,single,single-post,postid-58460,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Oracle Files Trademark Suit Against Cryptocurrency Startup Crypto

17 Aug Oracle Files Trademark Suit Against Cryptocurrency Startup Crypto

Posted at 23:03h in Cryptocurrency News by

[ad_1]

Oracle Files Trademark Suit Against Cryptocurrency startup CryptoOracle
Tobias Mann

New York-based Cryptocurrency startup CryptoOracle may be considering rebranding this week after Redwood, California-based tech giant Oracle filed a federal trademark suit against the company.

At the root of the lawsuit is CryptoOracle’s name, which Oracle claims infringes on and dilutes its trademark. Oracle also accuses the startup of unfair business practices and cybersquatting.

Founded in 2017, CryptoOracle purports to promote blockchain and other decentralized technology through community events like the company’s CryptoMondays and CryptoTuesday events held in more than 20 cities around the world.

In the complaint, Oracle said it welcomed CryptoOracle’s endeavors, but drew the line at trademark infringement.

According to the complaint filed in California’s Northern District on Thursday, Oracle is seeking an injunction and damages against CryptoOracle and its founder Louis Kerner that would force the company to rebrand and could expose the company to significant…

[ad_2]

Source link

Tags:
, , , , , ,