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Facebook's new legal battle is over stealing other company trademarks

Facebook is going into another legal battle, this time over trademark infringement

By Jak Connor on Oct 14, 2019 03:09 am CDT - 1 min, 9 secs reading time

Facebook is no stranger to legal battles, and now they are about to jump right back into another one. This time for allegedly stealing the logo of a banking app.

Facebook formed a subsidiary company called Calibra to watch over its coming cryptocurrency that is planned to launch in 2020. Facebook's cyptocurrency 'Libra' hasn't had the best of weeks, as major backers such as PayPal, eBay, Stripe, Visa, and Mastercard have dropped support for it, and now the company is under fire for trademark infringement.

The trademark infringement has been filed by banking app Current, and judging from their official Twitter page located above, they have some grounds to stand on when saying that Facebook copied their logo they have been using since 2016. It should be noted that Facebook announced Libra in June of this year, meaning that Current had their logo for years before Facebook even conceived the idea of developing a cryptocurrency. Current says in their lawsuit that "is not only confusingly similar to, but virtually identical to the Current Marks."

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ABOUT THE AUTHOR - Jak Connor

Jaks love for technology and more specifically PC gaming began at 10 years old, it was the day his dad showed him how to play Age of Empires on a old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of the typical FPS PC gamer, Jak enjoys the likes of a solid MMO, RPG, or a single-player linear story. More importantly, though, he holds a very special spot in his heart for RTS games.

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