McDermott Will & Emery filed a trademark lawsuit Monday in District of Columbia District Court on behalf of cryptocurrency issuer Safe Exchange Foundation LLC, Safex Foundation Inc., and founder Daniel Dabek. The suit, which names Safeth Ltd. and its operators Joey and Cynthia Lathus, centers on an alleged scheme by the defendants to delist the plaintiffs' digital currency and market a competing cryptocurrency called Safex Platinum. Counsel have not yet appeared for the defendants. The case is 1:21-cv-00161, Safex Foundation, Inc. et al v. Safeth, Ltd. et al.
Fintech
January 18, 2021, 9:51 PM