Kanye West Wins Legal Battle Against Coinye
Published Jul 28, 2014Kanye West's court battles with parody bitcoin Coinye West are over, with a series of documents filed by the rapper's lawyers last week bringing the trademark infringement lawsuit to an end.
NBC reports that while the digital cryptocurrency company shut down after a cease-and-desist order last January, West's legal team had been pressing on with the case. While the details are still under wraps, 84 documents were filed over the last few months, naming "100 John Does and a handful of named defendants."
According to reports, most of the defendants lost by default, having not responded to the allegations made by West's lawyers. Three defendants settled their case with West.
The launch of their cryptocurrency caper began early this year, with the makers announcing the currency as a tribute. They had said at the time, "We're really not sure how Kanye is gonna react to this. We hope he loves it, but if he doesn't, he really isn't someone we want to piss off."
When the rapper first threatened legal action, they changed the logo of a sunglasses-sporting West to a fishy, fin-adorned likeness of the artist. Shortly thereafter, before the digital currency could get off the ground, they proclaimed "COINYE IS DEAD. You win, Kanye."