Welp, people are trying to make money off of Kanye West’s name and he’s furious. The thing is that this particular idea is kind of cute and West is probably just ticked off that HE didn’t think of it himself.
West and his attorney Bard Rose filed those nasty cease and desist papers against the creators of Coinye West. Yes, COINYE West, a new form of currency that the coders are saying started out as a “joke”. Well, the joke got a bit bigger than they thought. And even though West and his team threw over the big shut down, the launch of Coinye West already happened AND became an internet sensation on both Facebook and Twitter.
Unfortunately when it comes to trademark infringement, there’s nothing funny about it!
Not only is West’s face used for the currency, but the name itself being a pun on his name is making a huge case for West.
West’s attorney Brad Rose is coming for the seven anonymous coders of the currency saying, “Given Mr. West’s wide-ranging entrepreneurial accomplishments, consumers are likely to mistakenly believe that Mr. West is the source of your services. Notify the cryptocurrency community at large of your infringing actions and pursue all legal remedies against any business that accepts the purported COINYE WEST currency.”
Now those certainly sound like fighting words but from what I gather, the coders are just kind of thrilled they are getting attention.
One of the coders wrote, “We said Coinye West and we were like, ‘Holy… we gotta make that.’ We want to release this to the public before the man can try to crush it. They’ll still come after us, but that’s OK.”
Again, I think Kanye is just ticked that he didn’t think of this idea.
Check out their official site here.