NFTs study welcomed after FTX collapse
24-11-2022
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As the fallout from FTX reverberates, the cryptocurrency market is seeing its first lawsuits over patented trading tech, finds Sarah Speight.
As 2022 came to a close, one of the first litigation cases over cryptocurrency technology was heard in a Texas court.
The dispute sees US-based crypto company Veritaseum Capital suing cryptocurrency provider Circle Internet Financial for allegedly infringing its patented digital currency trading technology.
Veritaseum’s software enables blockchain-based, peer-to-peer capital market transactions such as crypto payments, trading or “staking” (a method of earning rewards for holding certain cryptocurrencies).
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patents, cryptocurrency, technology
