Unicoin Sues Uniswap Over UNI Trademark Registration
Unicoin has filed a lawsuit against Uniswap Labs in New York federal court over the registration of the UNI trademark. The company behind Unicoin wants to cancel the UNI trademark registration and obtain a court declaration confirming that its web domains do not violate cybersquatting regulations.
The legal battle highlights the importance of intellectual property in the crypto ecosystem. TransparentBusiness Inc., operating under the name Unicoin, has taken Universal Navigation Inc., the entity known as Uniswap Labs, to court.
The lawsuit asks the court to cancel the registration of the U.S. trademark for UNI and confirm that Unicoin domains do not violate U.S. cyber eviction law.