Oracle sues Crypto Oracle and its owners again for trademark infringement

CoinRank News: Software development giant Oracle Corporation has once again sued cryptocurrency startup Crypto Oracle LLC and its owner Louis Kerner, accusing the latter of resuming infringement of Oracles trademark rights and flagrantly violating a settlement agreement. Oracle initially filed a lawsuit against the cryptocurrency company in 2019, accusing it of using Oracles famous trademark as part of its CryptoOracle brand and using the brand to market cryptocurrency-related services to Oracles own customers and users. The two companies later reached a confidential settlement, and the court issued a permanent injunction in 2020 prohibiting Crypto Oracle from using the CryptoOracle name or any variation of Oracles trademarks. But Oracle now claims that Crypto Oracle and Kerner have resumed using the CryptoOracle name and brand, launching new businesses, maintaining infringing domain names, and hosting events under the CryptoOracle Collective brand, in violation of the settlement agreement and court injunction. (Cointelegraph)