Bitcoin and Binance Owners Named
Large projects, such as the first cryptocurrency, usually do not have owners. Yes, of course, in fact, the creator and ideological inspirer of Bitcoin is Satoshi Nakomoto. However, the identity of this programmer is still behind the screen of obscurity. Many are sure that the creator of digital gold is hiding in the shadows. So the Bitcoin brand remained free. But only until today. Indeed, today, a resident of Spain registered legal rights to a digital coin. A little earlier, the Binance brand found a new owner. In a word, complete confusion. Let’s get it right.
What exactly is going on?
In fact, it is surprising why no one had thought of registering ownership of such a big name before. Obviously, this was only a matter of time, which took the citizen of Spain. The local resident, however, refused to reveal his identity. Apparently, he is afraid of the annoying press. Nevertheless, it is reliably known that he took ownership of the trade name “Bitcoin”. Thus, legally, the Spaniard can demand money from everyone who, without his consent, uses the name of the first cryptocurrency. But do not worry, the citizen of Spain, as it turned out, is engaged in working with digital coins himself.
So the Spaniard confirmed that he did not intend to sue those who use the name “Bitcoin”. He also notes that he is not Satoshi Nakomoto. Just an indifferent user who decided to defend the rights of the first coin. According to the Spanish entrepreneur, he will be able to prosecute all fraudsters who speculate on the name of Bitcoin.
Note that such attempts were previously accepted, but at the local level, in Europe this is a unique and first case. So far, we do not know how the owners of such big names as Binance and Bitcoin will behave. It is possible that they designed a legal name specifically to deceive the naive and inattentive. Time will tell.
What happens to Binance owners?
Any experienced crypto industry user knows about Binance. It is a reliable digital platform that has been operating for many years. And the company has very specific owners, managers and, in principle, things are going well. But one Australian considered it his duty to spoil the reputation of a large company. The fact is that a businessman by the name Navodich registered his own legal entity with the name “Binancé”. But do not worry, this company does not deal with cryptocurrency. The main activity is the sale and delivery of flowers. The reason for choosing the name is that Binancé supposedly means “calm” and “balance”, if you translate the word from French. Of course, the original Binance was outraged. The Australian received lawsuits that claimed that the man was speculating on the name of the exchange. However, the Australian defended his rights.
The Binancé Flowers company continued its quiet work, but the cryptocurrency exchange suffered a judicial debacle. Which conclusions should be drawn from this? In fact, the lack of specific owners of digital platforms can play a trick on us. Agree that the next time a less honest person may call himself the owner of Bitcoin. And the name “Binance” may well be given to a company stealing the credit card information of its users.
That is why we strongly recommend that you carefully check those with whom you work. Now even legal information is not a guarantee of reliability. Pay attention to the degree of security of the domain, carefully check the original names with the address bar. Save your money and follow all the news of the crypto industry with us. We publish only high-quality and interesting material. Thanks for your attention. Good luck!