
Common cryptocurrency playing platform Stake is dealing with a copyright infringement lawsuit in Australia filed by a buying and selling platform that makes use of the identical title. [Image: Shutterstock.com]
Common cryptocurrency playing platform Stake is now in a authorized battle in Australia with a share buying and selling platform that makes use of the identical title. The information comes as Stake makes an attempt to register varied emblems within the nation and apply for a brand new license.
individuals would possibly assume there’s an affiliation between the 2 manufacturers
The playing operator is coping with a copyright infringement lawsuit within the Federal Court docket of Australia that alleges the corporate’s branding may result in confusion, in addition to dilute the buying and selling platform’s model. Authorized representatives for the plaintiff declare individuals would possibly assume there’s an affiliation between the 2 manufacturers, which isn’t the case.
With a view to resolve circumstances of this type, the result can usually rely on the similarity of the names, the overlap in companies, in addition to the potential for confusion amongst customers. The lawsuit goals to cease the playing operator from utilizing its title in Australia.