Kanye West Wins Lawsuit Against His Namesake Bitcoin
Posted by Jeremy Thomas on 07.27.2014
Coinye loses out...
Kanye West has put his foot down on the Bitcoin cryptocurrency that appropriated his name, and this time he has a legal order giving that foot some weight. Billboard reports that a U.S. District Court in New York has declared West triumphant in his lawsuit against the creators of "Coinye," a parody electronic currency. The virtual coin used West's face with windowshade sunglasses at first, but then was altered to put Kanye's face on a fish (think South Park) after the lawsuit began.
West filed the lawsuit after a cease-and-desist order was issued, seeking unspecified damages on the groups that the defendants "usurped West's name and likeness for the sole purpose of propping up the perceived 'value' of the defendants' 'digital coin mine' and its 'crypto currency.'" Two months later West amended his lawsuit to include the names, backgrounds and emails of some of the defendants, who were trying to remain hidden. Three of the defendants--Richard McCord, David McEnery and Harry Willis--settled with West. The rest of the defendants failed to respond to the lawsuit, which lead to the District Court handing down its decision in West's favor.