Facebook has recently been sued by Current a startup bank for using a similar logo for its Libra cryptocurrency. Current has recently filed a lawsuit against Facebook, alleging trademark infringement.
The suit names four defendants: Facebook, Calibra, a Facebook subsidiary that owns IP related to Calibra, and Character, the design agency that made the Calibra logo. You might be surprised to see a design agency named in the lawsuit — but Character apparently designed both logos, according to the lawsuit.
this is what happens when you only have 1 crayon left pic.twitter.com/2JY5JfesQD— Current (@current) June 19, 2019
The two logos were apparently designed three years apart. Current claims that it started using its logo in August 2016, while Facebook’s logo for Calibra was revealed in June of this year.
Howard Shire, a partner in the Intellectual Property Department of Pepper Hamilton LLP, told CoinDesk: “It is suspicious that the defendant’s logo came out of the same firm that created the plaintiff’s logo.”
Now we need wait for more details on the matter to know about exactly why the two logos are so similar.