Cryptocarbon Global Ltd News Today

To embed, copy and paste the code into your website or blog: Wirex, a leading cryptocurrency company, has succeeded in its trade mark infringement claim in the Intellectual Property Enterprise Court in London in respect of its CRYPTOBACK mark – used in relation to a credit card reward scheme where customers receive bitcoin as rewards. The case highlights the importance of maintaining records to evidence use of a mark, particularly when relying on unregistered rights, as well as the potential ...

Wirex wins High Court battle over ‘Cryptoback’ trademark Digital payment platform Wirex has won its High Court battle over the use of its ‘Cryptoback’ Bitcoin reward scheme. In a hearing which began in January, Wirex founders Pavel Matveev and Dmitry Lazarichev argued the owners of Cryptocarbon Global Ltd, Cryptocarbon UK Ltd and Bee-One UK Ltd had infringed London-based Wirex’s ‘Cryptoback’ trademark. The Cryptoback scheme gives up to 1.5% of the transaction valu...