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Mark Longo, creator of Peanut the Squirrel, has sent a cease-and-desist letter to Binance, accusing the exchange of trademark infringement over its PNUT-themed memecoin.
Mark Longo, owner of viral sensation Peanut the Squirrel, has issued a cease and desist letter to Binance over alleged copyright infringement of the PNUT memecoin, causing a 10% price drop in the token that previously reached a $2.27 billion market cap.
Mark Longo, owner of Peanut the Squirrel, has launched an offensive against Binance, accusing the crypto platform of unauthorized use of his trademark to promote the memecoin PNUT.
Crypto exchange Binance was hit with a cease and desist letter by Mark Longo, owner of the internet sensation Peanut the Squirrel, for alleged copyright infringement. PNUT, the popular memecoin inspired by the squirrel, saw a nearly 10% decrease following the news.
Binance, one of the largest and most influential cryptocurrency exchanges in the world, is facing legal action over the alleged unauthorized use of intellectual property. The dispute centers on a trademark infringement claim filed by Mark Longo, the owner of the “Peanut the Squirrel” brand, which includes the character and associated logo.
The traders of six altcoins will be affected by Binance's upcoming update: check out for further details.
The creator of Peanut the Squirrel, Mark Longo, has accused Binance of exploiting his mascot and branding in the $2.25 billion PNUT memecoin frenzy. The conflict underscores growing concerns over ethical practices in cryptocurrency markets.
The owner of Peanut the Squirrel has filed a lawsuit against Binance. PNUT has dropped by over 7.70%, trading at $1.06.
Binance, the giant of cryptocurrency exchanges, is at the center of a legal controversy related to the PNUT token.
Mark Longo, owner of Peanut the Squirrel, accused Binance of using his Peanut's likeness without permission to promote the PNUT memecoin.
“This is the first of multiple cease-and-desist letters to be issued," Mark Longo, caretaker of the late Peanut the Squirrel wrote on X.
Mark Longo's legal team sent cease and desist letters to Binance after it added the PNUT meme coin to its listings. Longo's lawyers alleged that Binance is infringing on intellectual property rights via the token.
Mark Longo, known for his viral pet Peanut the Squirrel, has issued a “cease and desist” letter to Binance for the unauthorized use of his intellectual property. On Dec.
Mark Longo claims the exchange unlawfully used Peanut the Squirrel trademarks for crypto-related services.
Mark Longo of Peanut the Squirrel has dragged Binance in a lawsuit to enforce the brand image rights of the meme coin.
Mark Longo, owner of Peanut the Squirrel, has slapped charges on crypto exchange Binance accusing it of unauthorized use of several intellectual property rights. This includes a violation of the PNUT trademark along with the image of a squirrel wearing a cowboy hat.
Peanut the Squirrel's owner has filed a lawsuit against global cryptocurrency exchange Binance, accusing the company of intellectual property infringement. The post Peanut the Squirrel's Owner Sues Binance Over Alleged IP Infringement appeared first on Cryptonews.
Binance, one of the largest cryptocurrency exchanges, is under fire for allegedly using intellectual property without permission. Mark Longo, the owner of “Peanut the Squirrel (PNUT),” recently stated that he had sent a cease-and-desist letter to Binance through his legal team.
Mark Longo, the owner of internet celebrity Peanut the Squirrel, has taken legal action against global crypto exchange Binance.
Coinbase's December 11, 2024 announcement adding PNUT to its roadmap for potential listing has sparked renewed investor enthusiasm.
Check out why PNUT made the headlines again.
Amid the rising volatility in the crypto market due to its recent crash, many cryptocurrencies have entered a downtrend. However, a few cryptos like Peanut the Squirrel continued to gain momentum, attaining a 20% increase in the last 24 hours alone.
Peanut the Squirrel (PNUT), a meme coin based on the viral squirrel mascot, has gained significant attention after Coinbase announced it would add the token to its listing roadmap.
The crypto world has gone nuts over Peanut the Squirrel (PNUT), a Solana-based meme coin that's stealing the spotlight. Following Coinbase's announcement of plans to list $PNUT for trading, the token skyrocketed 19% in just an hour, hitting $1.27 with a market cap of $1.27 billion.
