Kanye West threatens suit over Coinye currency

THE HILL — Lawyers for Kanye West have filed cease and desist papers to halt creation of the virtual currency Coinye West, The Hill has confirmed.

The Internet money, which became a sensation online in recent weeks, is modeled after the rapper’s name and bears a cartoon version of his likeness on its website.

For West and his lawyers, that amounts to trademark infringement and copyright violation, they alleged in a letter sent on Monday.

Read more at The Hill.

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