Unicoin Sues Uniswap Labs Over UNI Trademark Registration

A company behind the Unicoin brand has filed a lawsuit in the Southern District of New York against Uniswap Labs, seeking to cancel the registration for the UNI trademark.

TransparentBusiness Inc., which does business as Unicoin, claims that its use of the UNICOIN mark does not infringe or dilute Uniswap's asserted marks, including UNI, UNISWAP, and UNICHAIN.

The lawsuit comes after three demand letters were sent by Uniswap's counsel to Unicoin on June 3, July 17, and August 14, accusing the company of trademark infringement, dilution, cybersquatting, and unfair competition.

Unicoin is also challenging claims tied to its 'unicoin.com' and 'unicoin.org' domains under the federal Anti-Cybersquatting Consumer Protection Act.