Kanye West was named the victor in his lawsuit against the creators of a scrypt-based cryptocurrency bearing his name and face, thus ending the run of Coinye West.
Documents filed in New York on July 22 state the rapper won the case by default given that the several Joe and Jane Does named in suit failed to respond to West's cease-and-desist order and complaints filed earlier this year.
The original logo of the digital currency, which was purportedly designed to be a more accessible version of Bitcoin, used a cartoon version of the rapper's face with his trademark windowpane sunglasses.
West's team said in January the defendants "usurped West's name and likeness for the sole purpose of propping up the perceived 'value' of the defendants' 'digital coin mine' and its 'crypto currency'." After the "I Am a God" rapper filed the papers the team changed the name of the currency to just Coinye and registered their website's domain in India.
While the website coinyecoin.org, still invites people to "Start using CoinyeCoin today," Billboard reports the project was abandoned in January.
West amended his lawsuit in March to include that the defendants who "cowardly sought to remain anonymous by using Registry privacy services and other means" to stay hidden, came from all over the world including the United States, China, the Netherlands, New Zealand and Slovakia.
GMT 11:38 2018 Friday ,12 October
German Artist escorted to final resting place in DamascusGMT 13:42 2018 Friday ,05 October
Jailed Ukrainian filmmaker ends hunger strikeGMT 13:10 2018 Wednesday ,03 October
A year after Weinstein, Hollywood is still soul-searchingGMT 13:01 2018 Wednesday ,03 October
Burglars targeting Rihanna, Christina Milian arrestedGMT 09:24 2018 Wednesday ,24 January
Cosby performs for first time since assault chargeGMT 09:18 2018 Saturday ,20 January
India's top court acquits Bollywood director of rapeGMT 09:24 2018 Saturday ,13 January
Breast cancer gene does not boost risk of deathGMT 08:38 2018 Wednesday ,10 January
US network replaces shamed anchor with another manMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor