{"id":174710,"date":"2023-10-16T03:45:20","date_gmt":"2023-10-15T22:15:20","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=174710"},"modified":"2023-10-16T03:45:20","modified_gmt":"2023-10-15T22:15:20","slug":"grocery-chain-trader-joes-sues-avalanche-dex-again-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/grocery-chain-trader-joes-sues-avalanche-dex-again-crypto-news\/","title":{"rendered":"Grocery Chain Trader Joe&#8217;s Sues Avalanche DEX Again &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Copyright Infringement Lawsuit Seeks To Shut Down Trader Joe Crypto Trading Platform\u2019s Website<\/p>\n<div>\n<p>Trader Joe&#8217;s, the well-known American grocery store chain, is again pursuing legal action against Trader Joe, the leading decentralized exchange on the Avalanche network.<\/p>\n<p>In a lawsuit filed last week, Trader Joe&#8217;s alleges trademark infringement and seeks damages in the form of all profits made by the DeFi platform, additional compensation, and the permanent shutdown of all affiliated websites.<\/p>\n<p>The protocol\u2019s JOE token is down roughly 10% in the past week.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/joe\/\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">JOE Price<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Trader Joe&#8217;s had previously filed a complaint with the United Nations&#8217; World Intellectual Property Organization (WIPO) last year, attempting to seize the trading platform\u2019s website. However, the case was dismissed.<\/p>\n<p>The lawsuit claims that the DeFi platform&#8217;s name exploits Trader Joe&#8217;s brand and accuses the platform of providing false information about its connection to the grocery chain. The lawsuit also seeks compensation for the alleged erroneous loss suffered by Trader Joe&#8217;s in the United Nations court.<\/p>\n<p>The outcome of this lawsuit could further define the boundaries between traditional businesses and emerging DeFi platforms, setting a precedent for similar trademark disputes in the future.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Copyright Infringement Lawsuit Seeks To Shut Down Trader Joe Crypto Trading Platform\u2019s Website Trader Joe&#8217;s, the well-known American grocery store chain, is again pursuing legal action against Trader Joe, the leading decentralized exchange on the Avalanche network. In a lawsuit filed last week, Trader Joe&#8217;s alleges trademark infringement and seeks damages in the form of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":174711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-174710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=174710"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174710\/revisions"}],"predecessor-version":[{"id":174712,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174710\/revisions\/174712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/174711"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=174710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=174710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=174710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}