As it became known recently, in April, rights to use the trademark Bitcoin were acquired by IPHoldings Soth West LLC. Now this company threatens the judicial and commercial business, which sells T-shirts with Bitcoin logo.
On 25 May, retailer received a letter stating that he did not have the right to use the trademark Bitcoin in his products.
Despite the fact that the application for the purchase of this trademark was rejected in the United States, plus Bitcoin is considered as public domain, it was considered differently in Great Britain.
The permission to own this trademark was only a year after the application was created.
An entrepreneur selling T-shirts with the Bitcoin logo asked for help on the Reddit portal, where he seeks those who understand the laws on trademarks and can help him avoid a claim and continue his activities.
It is not excluded that it was for such purposes that a trademark was purchased.
For example, 2 years ago the trademark "Bitcoin" was purchased in Russia (blockchain.community), but only so that someone else could not get hold of it and use it to make a profit.
Do you think that Bitcoin is a trademark, and IPHoldings are fair?
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