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A cryptocurrency inspired by the «Lord of the Rings» trilogy was barred from operating on Tuesday after the family and estate of author JRR Tolkien brought legal action against the digital token's creator.
The «JRR token», created by Florida-based developer Matthew Jensen, launched in August this year. Tolkien's estate brought a copyright infringement complaint to the World Intellectual Property Organization (WIPO) within weeks, stating the token's website included references to the writer's famous fantasy fiction series, including its characters and other images.
At the center of the complaint was the use of the domain name «www.jrrtoken.com». The WIPO arbitration process found in favor of Tolkein's estate. According to a
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