Crypto startup wins cybersquatting dispute against Deloitte
Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. Web3 design and branding firm Penultimate Media Systems registered DontKYC.com for its crypto client, which claims to be a non-profit community that operates on the Binance Smart chain while offering prepaid cards that offer anonymity.
Deloitte disapproves the domain owner abbreviated its service as DKYC on its website. The accounting firm argued that the disputed domain name is highly similar to its own trademark as it uses the acryonym in the same form. Deloitte even accused DKYC’s website of being illegal and emphasized the alleged damaging effects the startup’s use of the disputed domain name on the accounting firm’s reputation. The accounting firm explained that the crypto startup is promoting anonymous financial transactions.
Source
https://t.me/DeFi_Ethereum
