Kanye West Hits 'Coinye' Online Currency With Trademark Suit

Law360, New York (January 14, 2014, 6:00 PM EST) -- Hip hop artist Kanye West lodged an anticipated trademark infringement lawsuit against the operators of upstart digital currency "Coinye West" in New York federal court Tuesday, saying they illegally had used the fame of his name for publicity.

Within hours of the filing of the complaint and a request for an injunction, which came a week after a cease-and-desist letter from Kanye's lawyers that was leaked to the press, the site for Coinye already was down, replaced by a note that read “Coinye is dead. You...
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