Retail store operator Marc Jacobs has named a website called BitcoinFashion.net in a lawsuit aimed at preventing the unauthorized use of its trademarks.
Marc Jacobs is accusing the named defendants of trademark counterfeiting and infringement, false designation of origin, claim for relief for cybersquatting and unfair competition.
The company has asked the court to force the defendants to cease the use of its trademark and unauthorized sale of counterfeit goods. Marc Jacobs is seeking $2m “per each counterfeit trademark used and product sold".
Marc Jacobs argued in court documents that it is the frequent target of trademark infringement, claiming that its brand suffers as a result of these actions.
The filing states:
BitcoinFashion.net appears to only have a tenuous connection to bitcoin. The site does not accept bitcoin as payment, nor do any of its products seem to have any relationship with the digital currency.
Messages sent to the website’s publicly available email address were not returned by press time. Representatives of the Marc Jacobs brand did not offer further comment at press time.
Marc Jacobs image via Wikipedia
The full complaint can be found below:
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.