Alibaba wins copyright case against cryptocurrency knock-off
24/10/2018
The Chinese internet shopping Goliath, Alibaba, has overcome its previous struggles to win a trademark infringement case against a cryptocurrency that was blatantly sponging off its recognizable name. Alibaba has won a preliminary injunction against Alibabacoin Foundation (ABBC) for trademark infringement, MarketWatch...
The Chinese internet shopping Goliath, Alibaba, has overcome its previous struggles to win a case against a cryptocurrency that was blatantly sponging off its recognizable name. Alibaba has won a preliminary injunction against Alibabacoin Foundation (ABBC) for infringement, MarketWatch reports. Despite the obvious likeness in the names of the two corporations, they are not affiliated in anyway. Earlier in the year Alibaba was unsuccessful in filing a lawsuit against ABBC. The case was denied by judges on the grounds that US district courts did not have jurisdiction over ABBC – which claims to be based in Dubai… This story continues at The Next WebOr just read more coverage about: Alibaba