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December 16, 2024

Legal Action Against Binance Alleged Trademark Misuse of PNUT Branding

Mark Longo, also known as the ‘Squirrel Dad’, has issued a legal warning to the major cryptocurrency exchange, Binance, accusing it of unlawfully using Peanut the Squirrel trademarks for its crypto-related services. This development raises questions about the legal landscape surrounding branding and trademarks in the crypto space. The situation highlights the importance of proper branding practices and adherence to trademark laws. As the case unfolds, industry stakeholders will closely monitor its implications for brand protection and compliance requirements across the sector.

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