{"id":6821,"date":"2022-09-01T05:01:33","date_gmt":"2022-09-01T05:01:33","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=6821"},"modified":"2022-09-01T05:01:34","modified_gmt":"2022-09-01T05:01:34","slug":"crypto-startup-wins-cybersquatting-dispute-against-deloitte","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=6821","title":{"rendered":"Crypto startup wins cybersquatting dispute against Deloitte"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Crypto startup Don\u2019t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name.<\/p>\n<p>Web3 design\u00a0 and branding firm Penultimate Media Systems registered DontKYC.com for its crypto client, which claims to be a non-profit community that operates on the Binance Smart chain while offering prepaid cards that offer anonymity.<\/p>\n<p>Deloitte disapproves the domain owner abbreviated its service as DKYC on its website. The accounting firm argued that the disputed domain name is highly similar to its own trademark as it uses the acryonym in the same form.<\/p>\n<p>Deloitte even accused DKYC\u2019s website of being illegal and emphasized the alleged damaging effects the startup\u2019s use of the disputed domain name on the accounting firm\u2019s reputation. The accounting firm explained that the crypto startup is promoting anonymous financial transactions that directly contradicts its own \u201cknowyourclient\u201d service, which is concerned with identification and traceability of clients\u00a0in the financial world.<\/p>\n<p>The World Intellectual Property Organization published its decision via Domain Name Wire, which argued that Deloitte failed to show that the domain was used in bad faith.<\/p>\n<p data-wahpro-txt-style=\"font-size: 22px;\">In response to the accusations, DKYC claims it does not know of Deloitte\u2019s trademark and has researched the the US Patent and Trademark Office before registering the domain name.<\/p>\n<p data-wahpro-txt-style=\"font-size: 22px;\">As of May 6 2022, the startup is currently rebranding to \u201cShadowFi\u201d and counters Deloitte\u2019s accusation that the domain name is being used illicitly by emphasizing the difference between money laundering and the everyday spending services it offers.<\/p>\n<p data-wahpro-txt-style=\"font-size: 22px;\">The startup bridges decentralized finance (DeFi) and anonymous spending in the real-word and operates on the Binance Smart Chain. \u201cInvest on the Binance Smart Chain (BSC) while funding your everyday life.\u00a0Our vendor doesn\u2019t know who we are, and we don\u2019t know who you are. No ID required. Ever,\u201d its website reads.\u00a0<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/crypto-startup-wins-cybersquatting-dispute-against-deloitte\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto startup Don\u2019t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. Web3 design\u00a0 and branding firm Penultimate Media Systems registered DontKYC.com for its crypto client, which claims to be a non-profit community that operates on the Binance Smart chain while offering prepaid cards that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-6821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6821"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6821\/revisions"}],"predecessor-version":[{"id":6823,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/6821\/revisions\/6823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/6822"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}