Telegram began litigation with Lantah in Florida, which decided to create a cryptocurrency called gram. The lawsuit on the illegal use of the trademark messenger, created by Paul Durov, sued in californian’s court on May 11, CCN reported.
Telegram indicated that Lantah applied for registration of its cryptocurrency in February 2018, after the details of the ICO messenger became known. Telegram intends to launch its own tokens called GRAM and already attracted about $ 1.7 billion in two closed rounds of ICO.
As believe in Telegram, due to the name similarity of cryptocurrency, the company from Florida wants to deceive investors and take illegal profits. In turn, Lantah claims to have used the trademark Gram even before Telegram decided to promote a similarly named product. Source: republic.ru