See What Happens When Your Logo Is Designed Similarly To Another, Facebook Libra Gets Sued – Faqontech

See What Happens when your Logo is designed similarly to another, Facebook Libra gets Sued

by Ayorinde Ayodeji

Some months ago, we all could remember how it all started with Facebook trying to becoming the biggest crypto currency firm in the world by launching it’s own coin – Libra.

So now let’s see what happens when your logo is designed similarly to another brand.

Facebook’s Libra cryptocurrency project has hit another roadblock, as a mobile banking app has sued its Calibra subsidiary over similar logos.

Interstingly, both the logos were designed by San Francisco-based branding firm ‘Character’, which has also been named as a defendant in the lawsuit.

According to the lawsuit filed by a mobile banking firm named Current, Calibra’s logo “is not only confusingly similar to, but virtually identical to the Current Marks”.

Most well known brands get sued when another company finds out they have being using their stuffs.

Meanwhile, several companies such as Visa, Mastercard and eBay pulled out of the Libra cryptocurrency project ahead of their first meeting in Geneva on October 14.

✓ Also Read:  WhatsApp to stop working on These Smartphone Devices By 2020

PayPal was the first to announce its withdrawal from the Libra Association, the 28-member non-profit organisation formed by the social networking giant for the global roll out of its digital currency Libra in 2020.

Faqontech and its contents are protected by COPYRIGHT LAW (DMCA) with high-priority response rate. Reproduction without permission or due credit link back will cause your article(s) to be removed from search engines and disappearance of Ads on that page if monetized with Adsense.

NOTE that Your Adverts can be placed here on Faqontech either Banner, Link or Text ADS We got you covered, We have different advert space waiting for you. Want to know more about our advert placement click HERE

You may also like

Leave a Comment