{"id":517442,"date":"2022-11-28T21:45:00","date_gmt":"2022-11-28T18:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/jack-dorseys-block-sues-bitcoin-com-for-trademark-infringement\/"},"modified":"2022-11-28T21:45:00","modified_gmt":"2022-11-28T18:45:00","slug":"jack-dorseys-block-sues-bitcoin-com-for-trademark-infringement","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/jack-dorseys-block-sues-bitcoin-com-for-trademark-infringement\/","title":{"rendered":"# Jack Dorsey\u2019s Block sues Bitcoin.com for trademark infringement"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2537dd4a086\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2537dd4a086\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/jack-dorseys-block-sues-bitcoin-com-for-trademark-infringement\/#%E2%80%9D_Jack_Dorseys_Block_sues_Bitcoincom_for_trademark_infringement_%E2%80%9C\" >&#8221; Jack Dorsey\u2019s Block sues Bitcoin.com for trademark infringement  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Jack_Dorseys_Block_sues_Bitcoincom_for_trademark_infringement_%E2%80%9C\"><\/span>&#8221; Jack Dorsey\u2019s Block sues Bitcoin.com for trademark infringement  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNzc4OGNmMmYtOWM3YS00MzNmLTk1NWYtZWFmMjQ4YWVhMjE5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-b8b12140>Digital payments company Block Inc. is pursuing legal action against Roger Ver\u2019s Bitcoin.com over alleged trademark infringement involving its newly launched Verse token, which concluded a $33.6 million private sale in May 2022.\u00a0<\/p>\n<p>In a letter addressed to Bitcoin.com CEO Dennis Jarvis and the company\u2019s legal counsel Joseph Collement, lawyers representing Block claimed that Bitcoin.com\u2019s use of \u201cVerse\u201d constituted trademark infringement under German trademark law. The letter, dated Aug. 10, 2022, was a follow-up to a July 4, 2022 notice in which Block\u2019s legal counsel, Bird &amp; Bird, first laid out its trademark infringement case in Germany. A person familiar with the matter shared the letter with Cointelegraph. <\/p>\n<p>The alleged trademark violation stems from Block\u2019s acquisitions of Verse Technologies Inc. and Decentralized Global Payments S.L. in 2020. \u201cThe portfolio of Verse and Decentralized also included a peer-to-peer payment <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> under the name &#8220;VERSE&#8221;. Since the takeover, our client has been operating this app,\u201d the letter read. <\/p>\n<p>Block\u2019s legal counsel explained that the \u201cVERSE\u201d app is available in Europe, including Germany, and can be accessed on both Apple and Android devices. The letter detailed Block\u2019s rights over a figurative mark that contains the word \u201cVerse\u201d as well as the \u201cVERSE\u201d word mark, with priority for computer and application software for mobile devices. <\/p>\n<p>\u201cThe use of the designation &#8220;VERSE&#8221; constitutes an infringement of our client&#8217;s trademarks under German trademark law,\u201d the letter concluded, adding: <\/p>\n<blockquote><p>\u201cOur client therefore has claims against you to cease and desist from the infringing acts. Furthermore, our client has claims for information about the scope of the infringing acts as well as claims for compensation for all damages that our client has incurred or will incur as a result of the infringement. Finally, our client is also entitled to reimbursement of the costs incurred by us in connection with this letter.\u201d<\/p><\/blockquote>\n<p>Block\u2019s legal counsel requested that Bitcoin.com sign a declaration of discontinuance and undertaking by Aug. 17, 2022, or face further legal action. It also requested that Bitcoin.com \u201ccease and desist\u201d its Verse token operations in the European Union or face a contractual penalty of $10,400 (\u20ac10,000) \u201cfor each case of contravention.\u201d Block also requested to be reimbursed for legal fees of $3,906.54 (\u20ac3,744.50).<\/p>\n<p>Bitcoin.com is owned by early Bitcoin (BTC) investor Roger Ver, who served as CEO until Aug. 1, 2019. Bitcoin.com operates a digital asset exchange and wallet and provides daily <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> on the cryptocurrency market. Many in the crypto community know Ver for his strong support of Bitcoin Cash (BCH), which emerged in 2017 after departing Bitcoin\u2019s original blockchain due to philosophical differences around scalability and transaction speed. However, its supporters believe BCH aligns more with the vision set out for Bitcoin in Satoshi Nakamoto\u2019s 2008 white paper. <\/p>\n<p>Founded in 2009 by Jack Dorsey, Block rebranded from Square in December 2021 as its focus shifted to blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and Bitcoin. Dorsey has increasingly focused on Bitcoin hardware and payment solutions since stepping down as <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> CEO in November 2021. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Get your money back: The weird world of crypto litigation<\/em><\/strong><\/p>\n<p>Ver and Dorsey have been involved in personal disputes over the years, including in 2019 when Ver accused Dorsey of supporting Lightning Network because of his alleged romantic involvement with Lightning Labs CEO Elizabeth Stark. Some have speculated that these personal issues are why Twitter never verified Bitcoin.com\u2019s handle when Dorsey was CEO. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My theory for why <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jack?ref_src=twsrc%5Etfw\">@jack<\/a> is so irrationally hot for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/LightningNetwork?src=hash&amp;ref_src=twsrc%5Etfw\">#LightningNetwork<\/a> is because he has \/ had a romantic relationship with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/starkness?ref_src=twsrc%5Etfw\">@starkness<\/a>, the CEO of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lightning?ref_src=twsrc%5Etfw\">@lightning<\/a><\/p>\n<p>\u2014 Roger Ver (@rogerkver) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/rogerkver\/status\/1160286347002695680?ref_src=twsrc%5Etfw\">August 10, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Verse token at the heart of the legal dispute is publicly advertised on Bitcoin.com\u2019s Twitter page. Verse is described by its creators as a \u201ccross-chain token\u201d focused on expanding into low-fee Ethereum Virtual Machine (EVM) chains. It has a fixed supply of 210 billion tokens distributed over seven years. Its private sale, which concluded this past May, raised $33.6 million. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/jack-dorsey-s-block-sues-bitcoin-com-for-trademark-infringement\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Jack Dorsey\u2019s Block sues Bitcoin.com for trademark infringement &#8220; Digital payments company Block Inc. is pursuing legal action against Roger Ver\u2019s Bitcoin.com over alleged trademark infringement involving its newly launched Verse token, which concluded a $33.6 million private sale in May 2022.\u00a0 In a letter addressed to Bitcoin.com CEO Dennis Jarvis and the company\u2019s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":517443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNzc4OGNmMmYtOWM3YS00MzNmLTk1NWYtZWFmMjQ4YWVhMjE5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[86907,117,72705,43905,73952,10401],"class_list":["post-517442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-roger-ver","tag-business","tag-european-union","tag-germany","tag-jack-dorsey","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/517442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=517442"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/517442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/517443"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=517442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=517442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=517442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}