Express

Crypto Exchange Coinbase Global Sued for Patent Infringement

Katie Lin

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

Last Update:

Tags: ,,
Link: Crypto Exchange Coinbase Global Sued for Patent Infringement   [Copy]
Next:

Related Articles

  • The Endgame of Layer 2s, Explained 2 days ago
  • The Bitcoin Halving is Complete! What’s Next? 9 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 11 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 17 days ago
  • The Value of Web3 Social, Explained 17 days ago

    • You need to login to comment.