US Judge Rejects Alibaba Infringement Motion to Block ‘Alibabacoin’ Cryptocurrency


A U.S. federal judge rejected Alibaba Group Holdings Ltd.’s move to block Dubai cryptocurrency firm Alibabacoin Foundation from using the Alibaba name for its Alibabacoin virtual currency. In his ruling, Judge Paul Oetken of the Southern District of New York (i.e., Manhattan) denied Alibaba’s motion on jurisdictional grounds, saying it failed to show that the use of the

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Posted by Samantha Chang on May 2, 2018 @ https://www.ccn.com/alibaba-group-cant-block-dubai-firm-from-promoting-alibabacoin-cryptocurrency-judge/

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