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Wirex wins High Court battle over 'Cryptoback' trademark - Vimarsana News

Wirex wins High Court battle over 'Cryptoback' trademark

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 value back to customers in Bitcoin who use their Wirex card for in-store purchases. Giving evidence for ...

Source: cityam.com