Global payments giant PayPal is going after cryptocurrency wallet TokenPocket over an alleged trademark infringement.
Apple has temporarily removed the TokenPocket wallet from the App Store, the company announced on Thursday. According to the firm, the reason for removal was a complaint from PayPal concerning an alleged trademark issue.
TokenPocket said that it had received communications from PayPal over the dispute with the company’s trademark in a letter earlier this year. TokenPocket stressed that it is willing to resolve the issue in a friendly way and that PayPal “has no more replies to this.”
“We attach great importance to this and dispatched professionals to conduct research on both sides’ trademarks, sorting out, and communicating in
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