Circle claims Just A Circle's use of CRCL ticker is brand infringement
Fifty-billion-dollar stablecoin firm Circle Internet Group has accused a circle-themed memecoin of “brand infringement,” leading to a modification of its ticker on Solscan. That’s according to an investor and member of the “Just A Circle ($CRCL)” memecoin community who told Protos, “Is it really necessary for [Circle] to be asserting infringement on a shape, or a stock ticker?” The token’s ticker on Solscan was changed from CRCL to SPL Token at some point in June. According to the investor, Solscan claimed, “We have received reports that this token uses copyrighted or trademarked material without authorization and is not associated with its rightful owner. Please proceed with caution.” Solscan then confirmed on July 7 that the change was made following an allegation of “brand infringement” from Circle. Hey @circle @solscanofficial , It seems there is a bit of confusion, we are literally just a circle. We urge you to review your false claims and ...