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December 17, 2024

Creator of Peanut the Squirrel Initiates Legal Action Against Binance Over Trademark Infringement

Mark Longo, the creator of Peanut the Squirrel, has taken significant legal action against Binance. Longo has issued a cease-and-desist letter to Binance, alleging trademark infringement linked to the company’s memecoin featuring the popular character, PNUT. The case raises questions about brand protection in the evolving landscape of cryptocurrency and digital assets. Longo’s character, known for its engaging personality and growing fanbase, is at the center of this conflict as he seeks to defend his intellectual property rights. The outcome of this situation could shape future discussions around trademark laws in the cryptocurrency sector.

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