Kanye Wins Kanye v. Coinye Cryptocurrency Case, Largely by Default  

No surprise that Kanye has won the Kanye v. Coinye cryptocurrency case. While the names are similar and there is no doubt that Kanye would be expected to go after something so close and associative, contrary to media spin this is not a case of a big media star going after the little guy who just happens to be too close for comfort. In this case it appears that from day one all efforts by the defendants were to create a Kanye West associated digital currency and trade on his name and likeness, including putting his image on the representations of the coins.

From the Compliant:

Defendants have willfully and admittedly traded upon the goodwill and notoriety of Kanye West, one of the most famous entertainers and brand names in the world.

 …

Defendants have publicly stated that: (i) they “chose to represent Kanye because he is and always has been a trendsetter, and he’s always keeping things unique;” and (ii) they were “really not sure how Kanye [was] gonna react.” Moreover, Defendants cowardly remained anonymous because “[Kanye West] really isn’t someone we want to piss off’ and that they would “love if Kanye named dropped `Coinye’ . . . We don’t want to pay him off to name check us, but it’d be sick if he does so.” Defendants also boldly asserted that “Anarcho-capitalism is coming, it can’t be stopped. Whether it has a symbol that looks like a dollar, a dog, or a cartoon picture of a rapper, it’s all the same thing.”

 Of course the biggest insult might be equating Kanye West to a dog or a cartoon, but legally that was a secondary issue at best.

Initially the case had some extra buzz by naming Amazon.com as a defendant, but they were quickly dropped. The complaint is worth reading, linked below. A few of the defendants entered into consent judgments, but the majority were defaulted as per the order.

Move along now.  Nothing more to see here.

 

Complaint: Kanye West v. McEnery, et al (Coinye) S.D. NY :14-cv-00250

Consent Judgment: Kanye West v. McEnery, et al (Coinye) S.D. NY :14-cv-00250

Default Judgment : Kanye West v. McEnery, et al (Coinye) S.D. NY :14-cv-00250

 

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