Peanut the Squirrel Case: Why Owner Takes Binance to Court

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The story "Peanut the Squirrel Case: Why Owner Takes Binance to Court" was covered 11 hours ago by CoinGape, a news publisher based in India.

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Peanut the Squirrel Case: Why Owner Takes Binance to Court - CoinGape

Quick Summary:

Mark Longo, owner of Peanut the Squirrel, has slapped charges on crypto exchange Binance accusing it of unauthorized use of several intellectual property rights.

This includes a violation of the PNUT trademark along with the image of a squirrel wearing a cowboy hat.

The letter cites the Copyright Act, noting that infringement of registered works can incur damages up to $150,000 per work, plus costs and attorney’s fees.