Earlier this week we reported that a virtual currency site was using Kanye West face on their currency. Now Mr.West has officially been given permission to get his legal team involved into the creators of the virtual currency site that has been using Kanye’s face on their currency.
A judge in New York City has given Kanye West‘s lawyers permission to track the anonymous creators of an online currency which the rapper claims is trading off his name. The team behind the currency has so far remained anonymous, but during a court hearing on Thursday (16Jan14), U.S. District Judge Analisa Torres granted West’s attorneys legal authority to track down the identities of those behind the scheme. The lawsuit is seeking unspecified damages, and seeks to block the exchange of the Coinye currency. (Hollywood)
Although the company appeared to have shut down a few days ago, Coinye has made a few changes and let their users know Kanye West did not get the best of them.
The website is currently live, allowing users to start using the currency — dubbed CoinyeCoin — today. “Contrary to popular media opinion, we are not dead,” the coders write on the site. “We are working hard to bring you some exciting new additions!” “Is Kanye involved?” they continue. “Absolutely not! We would like to make it clear that we are entirely independent of the man, and there should be no confusion as to the intent or origin of this project. The name ‘Coinye’ is intended solely as parody, not an indication or implication of endorsement or involvement.” (MTV)
Earlier this week Kanye West tried to take legal action against the company.
The rapper’s lawsuit was filed Tuesday in Manhattan federal court. It seeks to stop companies and individuals that have not yet been identified from exchanging the digital currency. It also seeks unspecified damages for hurting West’s reputation. The lawsuit says the creators of the digital coins “brazenly admit” they used West’s name and likeness to associate their new currency with West. The lawsuit says entrepreneurs boasted that the currency can’t be stopped whether it “looks like a dollar, a dog or a cartoon picture of a rapper.” (USA Today)