China’s Alibaba Sues Dubai-Based Alibabacoin for Trademark Infringement


A Dubai firm, Alababacoin Foundation et al, has been sued by China’s largest e-commerce company, Alababa Group Holding Ltd. Using the Alibaba trademarked name in conjunction with a cryptocurrency “Alibabacoin,” the founders of the Alibabacoin set out to raise over $3.5M through their ICO, banking (quite literally) on confusion created using the reputation the retail

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Posted by Deb Olson on April 12, 2018 @ https://www.ccn.com/chinas-alibaba-sues-dubai-based-alibabacoin-for-trademark-infringement/

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