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 orderIncryptsMay 03, 2018090
Nov 16, 2018