US Application for Bitcoin Trademark Turned Down

United States Patent and Trademark Office (PTO) recently rejected a patent application (Reg 86135516) for the trademark ‘Bitcoin’ filed by Urban Trend LLC, a Californian household product company.
The motion came to rest as a part of default judgment, when Urban Trend failed to submit an answer to the patent’s opposer Russ Smith, the owner of Atlantic City Bitcoin, LLC and HELP. ORG LLC. In his application, the opposer had described himself as the registered owner of the trademark ‘MILLY BITCOIN’ (Reg 4435599) and had accused Urban Trend of committing a fraud during the application for registration.

This post was published at NewsBTC on Mar 3, 2015.