Longtime short-seller Citron Research took aim at Etsy (ETSY) in its latest report, alleging the online marketplace welcomes counterfeit merchandise and the company’s behavior is “borderli...
Tag: Counterfeit
New York Suit Against Trump Mixes Routine Business Law, Uncommon Allegations
The New York attorney general’s lawsuit against former President Donald Trump uses a common state business law to make allegations about property valuations, which lawyers say are rarely the focus of ...
EU Set to Launch Blockchain and NFTs-Based Anti Counterfeit System – crypto.news
The European Union Intellectual Property Office (EUIPO) has revealed that its currently putting the finishing touches on its blockchain & NFTs-based anti-product counterfeiting system. If all goes...
NFT counterfeit detector MarqVision raises $20 million in Series A funding
MarqVision, a startup that detects and removes counterfeit products using AI, announced Tuesday that it raised $20 million in Series A funding. Investors in this round include DST Global Partners, A...
U.S. Bank workers opened fake accounts to meet sales goals, feds say
NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...
Reality TV stars Todd and Julie Chrisley found guilty on fraud, tax-evasion charges
ATLANTA — Todd and Julie Chrisley, stars of the reality television show “Chrisley Knows Best,” were found guilty Tuesday in Atlanta on federal charges including bank fraud and tax evasion. The Chrisle...
StockX hits back at Nike over claims of counterfeit shoe sales
Online resale marketplace StockX is hitting back at Nike‘s claims that the site has been allowing sales of counterfeit versions of its sneakers. StockX, in a response to Nike’s allegations...
StockX Responds to Nike Counterfeit Claims, Accuses Sportswear Giant of Trying to Resuscitate Flagging VaultNFT Lawsuit – crypto.news
StockX has issued a terse response to Nike’s claims that the secondhand marketplace was selling counterfeit Nike products. Nike Adds Counterfeiting Claims to StockX Lawsuit In a new filing that amends...
Counterfeit NFTs result in marketplace shutdown: Experts weigh in
“Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations. Founded in 2017, Cent kicked off as a “social network and infor...
Nike Files Lawsuit Over Counterfeit Sneaker NFTs
Key Takeaways Nike has filed a lawsuit against the sneaker marketplace StockX. The filing alleges that StockX’s Vault system is freeriding on the back of its trademarks and intellectual property. Stoc...
Singapore Pharma Company Pushing Blockchain Tech to Fight Spread of Counterfeit Medicine
Zuellig Pharma is a Singapore-based healthcare services firm that recently developed a medicine tracking app that uses blockchain technology. eZTracker is one of the best use cases of blockchain techn...
Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma ...
Corporate NFT – The Antidote To Counterfeit Products
It has long been said that imitation is the highest form of flattery. The rapid development of technology, shortening the production chains and product life cycle, new distribution models developed by...