Unicoin takes Uniswap to court over UNI trademark dispute

Unicoin has sued Uniswap Labs in New York federal court, seeking declarations that its UNICOIN brand does not infringe Uniswap’s trademarks and asking the court to cancel Uniswap’s federal UNI trademark registration. Summary Unicoin has sued Uniswap Labs after receiving demands to stop using the UNICOIN name and transfer unicoin.com and unicoin.org. The lawsuit seeks a ruling that UNICOIN does not infringe Uniswap’s UNI, UNISWAP or UNICHAIN marks. Unicoin wants Uniswap’s federal UNI trademark registration canceled, arguing that UNI is generic or descriptive and widely used. Unicoin said Uniswap knew about its business for more than two years before raising trademark claims ahead of its planned offering. Unicoin said in a Sept. 8 complaint shared with crypto.news and filed in the U.S. District Court for the Southern District of New York that the dispute followed months of demands from Uniswap, which accused the company of trademark infringement, dilution, cybersquatting and unfair competition. Uniswap had known about Unicoin for at least two years before making its first trademark claims in June, according to the filing. The lawsuit asks the court to rule that Unicoin can continue u...