Express
Crypto Exchange Coinbase Global Sued for Patent Infringement
Summary: According to Reuters, Crypto exchange Coinbase Global (COIN) is being sued by blockchain-based software company Veritaseum Capital LLC for infringement on a patent that was issued to Veritaseum founder Reggie Middleton. According to Veritaseum, CoinDesk used the patent on some of its blockchain infrastructure. The company is seeking at least $350 million in damages. The ...
According to Reuters, Crypto exchange Coinbase Global (COIN) is being sued by blockchain-based software company Veritaseum Capital LLC for infringement on a patent that was issued to Veritaseum founder Reggie Middleton.
According to Veritaseum, CoinDesk used the patent on some of its blockchain infrastructure.
The company is seeking at least $350 million in damages.
The lawsuit was filed on Thursday in U.S. District Court in Delaware.
Author: Katie Lin
Tags: Coinbase Global,patent infringement,Veritaseum Capital LLC
Link: Crypto Exchange Coinbase Global Sued for Patent Infringement [Copy]
