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CoinGape

Peanut the Squirrel Case: Why Owner Takes Binance to Court

CoinGape
Summary
Nutrition label

59% Informative

Peanut the Squirrel owner issues a cease-and-desist letter demanding Binance halt using the PNUT trademark.

Binance 's use of terms like “PNUT THE SQUIRREL ” and PNUT’ is unauthorised and confuses customers, said the owner.

His law firm cites the Copyright Act , highlighting potential damages of up to $150,000 per infringement.

Despite the legal dispute, the price has remained relatively steady at $ 1.11.11 .

This is not the first time that Mark Longo has threatened over copyright infringement.

VR Score

31

Informative language

13

Neutral language

59

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links