U.S. grocery chain Trader Joe’s sues DeFi platform Trader Joe for IP infringement

The well-known grocery store chain Trader Joe’s has initiated a lawsuit against a cryptocurrency-based Decentralized Finance (DeFi) platform, also named Trader Joe, as revealed in U.S. court filings dated Oct. 5. Trader Joe’s alleges that the creators of the DeFi platform named their service “after the supermarket,” directly quoting a newsletter that still exists online…