• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Legal Battle Between Longo and Binance Over Peanut the Squirrel

user avatar

by Giorgi Kostiuk

3 months ago


Mark Longo, owner of Peanut the Squirrel, has filed a complaint against Binance, alleging unauthorized use of the 'PNUT' trademark and image.

Legal Dispute with Binance

Mark Longo expressed his determination to protect his intellectual property. His legal team has issued a cease-and-desist letter to Binance. This is the first step in a series of actions to safeguard his creative works.

My legal team initiated action against Binance for the unauthorized use of my intellectual property, including images and stories featuring my beloved animals.None

Meme Coin Market Context

The legal dispute comes amid a boom in meme coins. Longo launched a token, 'Justice for Peanut,' which initially surged but later plummeted in value. Despite the decline, Longo continues to promote it, drawing criticism from the crypto community who accuse him of exploiting the situation for financial gain.

You rugged 5 separate contracts and made millions of dollars already, and we have all the proof. Everyone knows you’re a scamming value extractor.None

Rise of Peanut the Squirrel in Crypto

Peanut the Squirrel became a viral sensation and integral to meme coin culture. The squirrel's name gained traction during the U.S. elections after a conflict between Longo and NYS DEC. Peanut's death in custody sparked public outcry, increasing interest in coins bearing her image.

The situation surrounding Peanut the Squirrel and the ensuing lawsuit against Binance highlight the complexities of intellectual property rights in the crypto era.

0

Share

Other news

Institutional Inflows Boost Bitcoin Recovery

Institutional investments drive Bitcoin's recovery: Resistance at $88K before the $150K target.

user avatarGiorgi Kostiuk

6 minutes ago

Major $90 Million BTC Transfer from Binance Spurs Bullish Market Speculations

As Bitcoin hits $87,892, a large $90 million transfer from Binance prompts bullish market speculations.

user avatarGiorgi Kostiuk

6 minutes ago

Crypto Market Under Pressure from Trump's New Tariffs

Trump's new tariffs caused a brief crypto market drop, but investors see opportunities in policy clarity.

user avatarGiorgi Kostiuk

7 minutes ago

Technical Issues Lead to Pi Network's Exclusion from Binance

Binance excluded Pi Network from 'Vote to List' due to technical issues.

user avatarGiorgi Kostiuk

7 minutes ago

New Grayscale ETFs Aim for Income from Bitcoin Volatility

Grayscale introduces Bitcoin Covered Call ETF and Bitcoin Premium Income ETF, focusing on income strategies tied to Bitcoin volatility.

user avatarGiorgi Kostiuk

7 minutes ago

Innovative Bitcoin ETFs by Grayscale: Steady Income for Investors

Grayscale launches Bitcoin Covered Call and Bitcoin Premium Income ETFs for generating stable income by adapting to market volatility.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.