The U.S. Court did not favor the request of Alibaba to impose an injunction order on Alibabacoin Foundation (ABBC Foundation) claiming identical names. Alibaba filed a suit against the ABBC Foundation which resulted in ‘temporary restraining order’ declared by the Judge J Paul Oetken. It is reported that Alibaba can pursue its suit though the injunction has been denied.
Court Denies Alibaba’s request for an Injunction order
IncryptsMay 03, 2018
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