🏦 BNY Mellon sends cease and desist to an Ethereum-based competitor, Melonport
BNY Mellon, the world’s largest custodian bank and asset servicing company, has sent a cease and desist letter to Melonport ($MLN), a decentralized assets management project running on Ethereum ($ETH). The letter declares concerns regarding Melonport’s recent trademark applications in Switzerland and announces BNY Mellon’s intent to file opposition against the following trademark registrations: Melon Chain, Melon Protocol, Melon Fund, Melon Mail.
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