$BNB The owner of a squirrel named Peanut, Mark Longo, said he has filed a lawsuit against cryptocurrency exchange Binance, warning his audience that he has no intention of stopping there.

He claimed that the Binance exchange used a photo of his pet without his permission. According to the man, the platform should be held accountable for using intellectual property in an unauthorized manner.

The lawsuit has drawn mixed reactions from the community. Some commentators believe that Longo has no idea how the copyright system works on the Internet, and he himself wants to solely profit from the situation.

Recall that Peanut Squirrel became popular in the cryptocurrency community after the authorities forcibly took it away from Longo and put it to sleep. The story led to a slew of themed memcoins hitting the market.

Ten days after the launch, the capitalization of the largest asset from this category, Peanut the Squirrel (PNUT), almost reached $1.08 billion.