News

Dogecoin Founder Warns YouTuber Matt Wallace Over Trademark Violation

Shibetoshi Nakamoto, the Dogecoin Founder, wrote a furious tweet to DOGE influencer and well-known YouTuber Matt Wallace. Shibetoshi warned that the Dogecoin Foundation is considering legal action against him the Youtuber for trademark violation.

Matt Wallace is a Dogecoin supporter who promotes the world’s largest meme coin on social media. According to sources, Matt recently announced that he intends to educate retailers in order to increase the acceptance of dogecoin payments. He intends to gather funding for this initiative by creating a new token dubbing Dogecoin.

Dogecoin Founder Warns YouTuber Matt Wallace Over Trademark Violation 2

DOGE’s creator was not pleased with this idea and suspected something was wrong. He called out the long-time Dogecoin supporter on social media, reminding him of the team’s legal options. Shibetoshi stated that Matt is literally breaching the law and that he is not assisting dogecoin by doing so.

To avoid any future problems, the DOGE creator advised him not to distribute the trademark violation token and to avoid discussing the coin. He went on to say that Dogecoin supporters wouldn’t mind if you stopped shilling DOGE. Another DOGE fan, Doge Whisperer, posed a serious question to Matt. He questioned why, if you are forming a team to educate retailers about accepting Doge, you are creating a new token rather than raising capital in Doge.

What do you think about this? Let us know!

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

KAZ

CoinCu News

Victor

Recent Posts

Gate.io Shatters Records in Total Trading Volume in Q3 2024, with Its User Base Surpassing 17 Million

In the third quarter of 2024, despite a challenging market environment, Gate.io maintained strong growth…

16 mins ago

MEXC Champions the Future of Crypto Content Creation at CCCC

MEXC is proud to partner with the inaugural Crypto Content Creator Campus CCCC event, taking…

16 mins ago

Dtec Announces Global Partnership with DİZAYNVIP to Elevate AI-Driven Mobility Design  

Dtec and DİZAYNVIP partner to merge AI technology with luxury vehicle design, revolutionizing smart mobility…

1 hour ago

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

5 hours ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

8 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

10 hours ago

This website uses cookies.