CoinTelegraph.com published a piece on Jack Dorsey’s Block Inc. which operates at Block.xyz, suing Bitcoin.com over alleged trademark infringement due to it launching a token named Verse.
Digital payments company Block Inc. is pursuing legal action against Roger Ver’s Bitcoin.com over alleged trademark infringement involving its newly launched Verse token, which concluded a $33.6 million private sale in May 2022.
In a letter addressed to Bitcoin.com CEO Dennis Jarvis and legal counsel Joseph Collement, lawyers representing Block claimed that Bitcoin.com’s use of “Verse” constitutes trademark infringement under German trademark law. The Aug. 10 letter was a follow-up to a July 4 notice in which Block’s legal counsel, Bird & Bird, first laid out its trademark infringement case in Germany. A person familiar with the matter shared the letter with Cointelegraph.
