Kanye West Trying To Block Coinye West Currency Release

    Kanye West’s legal team has filed cease-and-desist papers against the makers of Coinye West on grounds of trademark infringement, wsj.com reports.  

    Last week it was announced that Coinye West, a virtual currency, was scheduled to launch later this month. The currency was developed by an anonymous group of coders.

    West’s legal team has taken issue with the proposed currency and has filed a lawsuit, the wsj.com story says.

    “Given Mr. West’s wide-ranging entrepreneurial accomplishments, consumers are likely to mistakenly believe that Mr. West is the source of your services,” wrote Brad Rose, a partner at Pryor Cashman LLP, which has previously worked for West, the wsj.com says.

    In an attempt to get around West’s legal maneuverings, the Coinye West coders are moving the release of the currency up, have changed the name of the currency to “Coinye” and now operate through a site registered in India.

    “We want to release this to the public before the man can try to crush it,” one of the coders said in a Skype text interview with wsj.com Monday night. “They’ll still come after us, but that’s OK.”

    RELATED: Kanye West-Themed Virtual Currency Scheduled To Launch This Month

    79 thoughts on “Kanye West Trying To Block Coinye West Currency Release

    1. At the same time, they did that to get this type of publicity. Not because Kanye is ahead of his time. Kanye is about his money and his brand. That was damn obvious he’ll sue them. And they knew it.

    2. just before I looked at the paycheck of $4811, I didn’t believe …that…my neighbours mother woz like actualie taking home money in their spare time from there labtop.. there dads buddy had bean doing this 4 only nine months and at present paid for the loans on their home and bought a brand new Citron DS. go to website… http://www.Fb39.Com

      its bigger than white black gay or thug life or whatever you ass faces paint it to be.

    3. Kanye’s a genius. This will only increase demand as soon as the currency ships, subsequently increasing his share of the cut. Make them millions, fam!

      1. Genius? He’s a poor rapper with simple lyrics who steals his beats from old songs..how is that genius? And where does it say he has a cut?

        follow at noles506

      2. @Anonymous Simple lyrics??? Foh… “I’m so Chi (Shy) that you thought I was bashful, but this bastards flow will bash your skull”. These rappers owe there careers to Kanye. B.o.B., Drake, Kid Cudi, Childish Gambino, Chance The Rapper, Kendrick Lamar. All these guys are offsprings of Kanye in some sort. And if you haven’t noticed that everybody does what Kanye does. Remember the 808’s and Heartbreak production landscape… Who copied that? Drake (on So Far Gone & Thank Me Later), Kid Cudi (Man On The Moon I: The End of the Day)& B.o.B. (The Adventures of Bobby Ray… Then he goes and drops MBDTF and Childish Gambino’s production was so damn similar you would’ve thought it was a Kanye produced album. People want to let Yeezus make them shape the way they think of Kanye but regardless what you think of the project it’s obviously going to be copied in a few years or hell even this year. But one thing I won’t tolerate is the disrespect to one of not just hip-hop’s most important figures but societies. Kanye has been bitching a lot recently, so what… He’s always done that and that’s what made those past interviews legendary. You may hate Yeezus but it’s going to be regarded as a classic because a classic album in music is if it forces you to have an opinion. That is Yeezus.

      3. ^^ Co-Sign. Kanye aint the GOAT but he deserves his respect musically. Last time i checked, we’re fans of music, not fans of how people live their lives outside of it. It just music my niggas..

    4. are you all retarded or something? some fucking random retards decide to create a type of bitcoin called fucking Coinye West and Kanye is wrong to be suing them? THE PEOPLE BEHIND THAT SHOULD FUCKING JUMP OFF A CLIFF. It’s like literally the stupidest fucking thing someone could come up with. oh wait im sure you guys wanted to spend your millions of Coinye’s. you fucking sheep.

      1. rick ross is allowed to steal a mans government name and profit off his criminal past so i see no problem here

      2. … what the fuck makes kanye west a moron? the fact that hes one of the most successful musicians of all time? has millions of dollars? oh wait because he does some weird shit and its on TV he’s a moron? and what the fuck do you do? sheep.

    5. It has to be considered fair use when they are clearly spoofing his name. If Officer Ricky won the case over the real Rick Ross then Kanye is fucked. The real Rick Ross could have potentially made money in the gangster rap industry if it weren’t for the C.O. Ricky using his name and image. Kanye was never going to dip into the virtual currency market and everyone knows this is a joke.

      1. I found u broke mothafucka. Officer Ricky and Kanye would fuck you up. and Shia Labouf too!!! STICK YA DICK IN A PENCIL SHARPENER SON. U LAME

    6. yeah they can’t try to jack his brand w/o giving him a cut. u think steve jobs would have stood for that shit?

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