Oracle is back in court once again, throwing punches at Crypto Oracle LLC over trademark problems. The tech giant filed fresh charges in California on November 25 against the startup and its founder Louis Kerner.
They’re claiming everything from trademark violations to cybersquatting, plus a breach of their earlier settlement. Oracle says that Crypto Oracle LLC are doing activities that they were banned from doing under a 2020 court order.
This whole mess started in 2019 when Oracle first dragged Crypto Oracle to court. The startup was accused of using Oracle’s trademark to push crypto services under the “CryptoOracle” name.
They reached a settlement back then, with the court telling Crypto Oracle to drop the name and anything similar.
But here’s the thing – Oracle claims these guys never really stopped and that they’re still out there running their “CryptoOracle Collective” brand, using domain names they shouldn’t, and launching new projects that spit in the face of their agreement.
Oracle wants the works – court orders, cash damages, penalties, and those domain names handed over as quickly as possible.
But the whole industry now seems to be wild with these kinds of legal tangles, especially when it comes to meme coins – those digital tokens that blow up because of internet hype. With such low prices, they usually start with, you can easily skyrocket your portfolio if the token you’ve chosen hits the trend and goes viral.
It’s not just about Oracle, though – the whole crypto industry is becoming a battleground for trademark wars. NanoLabs went after Coinbase over their Nano Bitcoin and Ether futures, and Dfinity Foundation picked a fight with Meta over an infinity logo they claim is theirs.
The whole drama doesn’t stop at the corporate level either. If you remember Phillip Banks, the guy behind that “Just a Chill Guy” meme – well, his relaxed dog character became the face of $CHILLGUY, which turned some lucky trader’s $233.89 into a cool million in paper gains.
Now Banks is flexing his copyright muscle, warning he’ll crack down on unauthorized uses of his artwork.
Oracle‘s latest legal move sends a clear message to crypto companies – play by the trademark rules or pay the price. It’s a classic case of trying to keep the innovation running while staying within the lines of usual legal boundaries to avoid any expensive legal problems.
Legal experts watching the case say it could set important precedents for how traditional tech companies protect their intellectual property in the industry. Meanwhile, crypto entrepreneurs are closely watching the outcome, as it might change the old way of branding and naming.
The same case showed us the growing tension between Web2 giants and Web3 startups as the lines between old–school tech and crypto continue to blur.
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