JRR Token, a cryptocurrency denominated with exceptional similarity to the legendary writer J.R.R. Tolkien's trademark, has been banned by the author's legal body.
Lawyers of the Tolkien Estate, the legal body which manages the property and the copyright for most of J.R.R. Tolkien’s works, argued that the cryptocurrency infringed the trademark of the English writer, who achieved fame with his fantasy novel The Hobbit and his inventive epic fantasy The Lord of the Rings.
The Tolkien Estate has settled with JRR Token developer Matthew Jensen, who has paid an undisclosed sum for the body's legal costs.
"The Tolkien estate is vigilant in preventing unauthorised parties from taking advantage of the JRR Tolkien name and the content of JRR Tolkien’s
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