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Oracle sues Crypto Oracle and its owners again for trademark infringement
2024-11-27 04:14
Odaily News Software development giant Oracle Corporation has once again sued cryptocurrency startup Crypto Oracle LLC and its owner Louis Kerner, accusing the latter of "resuming infringement of Oracle's trademark rights" and "flagrantly violating" a settlement agreement. Oracle initially filed a lawsuit against the cryptocurrency company in 2019, accusing it of "using Oracle's famous trademark as part of its 'CryptoOracle' brand and using the brand to market cryptocurrency-related services to Oracle's own customers and users." The two companies later reached a confidential settlement, and the court issued a permanent injunction in 2020 prohibiting Crypto Oracle from using the "CryptoOracle" name or any variation of Oracle's trademarks. But Oracle now claims that Crypto Oracle and Kerner have resumed using the "CryptoOracle" name and brand, launching new businesses, maintaining infringing domain names, and hosting events under the "CryptoOracle Collective" brand, in violation of the settlement agreement and court injunction. (Cointelegraph)