Facebook and Calibra get sued by Plaintiff Finco Services for trademark infringement, unfair competition and “false designation of origin” under the U.S. Lanham Act. In addition to alleging a copy of the Calibra swirly tilde logo, the accusing party also seeks preliminary and permanent injunctive relief, which may force Calibra to stop using the current trademark.
The above screenshot details the Plaintiff’s allegations against Facebook. Moreover, the company claimed that Calibra’s logo displays direct resemblance to one of their app based banking services, Current.
The lawsuit also mentions that the Current’s logo has been registered with the U.S. Patent and Trademark Office (USPTO) for various purposes, including “in connection with a mobile computer software application used for enabling cryptocurrency-based transactions in Class 9 and SaaS services used for enabling cryptocurrency-based transactions.”
Facebook Calibra was founded in 2019 with the mission of making money work for everyone. We believe that all people, all over the world should have equal, easy and educated access to financial services. Calibra is designed for Libra, a new cryptocurrency. The Calibra app is built on innovative blockchain technology to enable people to move their money more freely, securely and affordably in their day-to-day lives. It will be available globally.