PANews reported on November 27 that according to Cointelegraph, software development giant Oracle Corporation once again sued encryption startup Crypto Oracle LLC and its owner Louis Kerner in the California federal court, claiming that they infringed its trademarks and ignored previous legal agreements.
The software giant initially filed suit against the crypto company in 2019, alleging that it “used Oracle’s trademarks as part of its ‘CryptoOracle’ brand and used that brand to market cryptocurrency-related services to Oracle’s own customers and users.” The two companies reached a confidential settlement, and the court issued a permanent injunction in 2020 barring Crypto Oracle from using the “CryptoOracle” name or any variations of Oracle’s trademarks.
But Oracle now claims that Crypto Oracle and Kerner have resumed using the name and brand “CryptoOracle”, launched a new business, maintained infringing domain names, and organized events under the “CryptoOracle Collective” brand, violating the settlement agreement and court injunction. Oracle accuses the defendants of infringing its trademark rights, unfair competition, diluting its trademark rights, domain squatting, violating the settlement agreement, and civil contempt of court.