Unicoin Sues Uniswap Labs Over UNI Trademark Registration
Unicoin, a company that does business as TransparentBusiness Inc., has sued Uniswap Labs, which operates under Universal Navigation Inc.
The lawsuit was filed in the Southern District of New York and seeks to cancel the US trademark registration for UNI, claimed by Uniswap.
According to the complaint, Uniswap's counsel sent three demand letters accusing Unicoin of trademark infringement, dilution, cybersquatting, and unfair competition.
The letters demanded that Unicoin stop using its UNICOIN mark and other UNI-formative marks, transfer its unicoin.com and unicoin.org domains, provide an accounting of revenue and profits, and reimburse Uniswap's legal fees.