In accordance with native information studies On June 21, Leon Lin Li, former co-founder of cryptocurrency alternate Huobi World, filed a copyright infringement lawsuit in opposition to the corporate in Hong Kong. Li claims that regardless of promoting his majority stake to an entity managed by Chinese language blockchain character Justin Solar final November, his firm, X-Spo, nonetheless owns trademark rights related to the time period “Huobi World” and that “ Huobi World”, the actual alternate, used the trademark with out permission.
Whereas it is not instantly clear why Li is taking authorized motion in opposition to the corporate and model he beforehand created, a collection of heated exchanges between Li and Justin Solar final month might provide some clues.
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