US Court Rejects Case Of Alibaba Against ICO 'Alibabacoin'
On April 30, A lawsuit that Alibaba Group Holding, filed a case in the US District Court in Manhattan. where it accuses a Dubai-based company of using its trademark, was rejected. The court Permitted to conduct an initial offer of currency (ICO) under the name of “Alibabacoin”. Court
Alibaba files trademark lawsuit on Dubai based ICO 'Alibabacoin'
Multinational e-commerce firm Alibaba Group sued a Dubai-based company Alibabacoin Foundation in New York for “causing confusion using its registered trademark” to raise more than $ 3 million in an Initial Coin Offer referred to as Alibabacoin. The US District Courtroom in Manhattan received the representatives of Alibaba to