CoinDesk (@CoinDesk): LEGAL: Original Penguin parent company PEI Licensing has filed a trademark infringement lawsuit against Pudgy Penguins, alleging the crypto brand's ap…
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LEGAL: Original Penguin parent company PEI Licensing has filed a trademark infringement lawsuit against Pudgy Penguins, alleging the crypto brand's apparel marks "mislead and deceive" consumers. PEI has been using a penguin mark since 1956 and first sent a cease-and-desist in Oct. 2023.