Crypto Coin Creators Sued By Ecommerce Giant Alibaba
The company that created Alibabcoin is being sued and will be taken to court in New York for damages over trademark infringements.
The Alibabacoin Foundation, a company based in Dubai that was behind the newly launched digital currency Alibabacoin, is being sued by Chinese online commerce platform giant Alibaba for trademark infringement.
According to documents that were filed to the US District Court in Manhattan, New York, Alibaba charged the developers of the coin of “prominent, repeated, and intentionally misleading” use of its trade ...
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