Couple Trying To Trademark Bitcoin Via Dubious Claims

from the any-penalties-for-such-filings? dept

Via Slashdot we learn that someone has filed for a trademark on the word Bitcoin.
The Slashdot report claims that it's the lawyer, Michael S. Pascazi, filing for the trademark, but it's at least a little more complicated. It looks like Pascazi is acting as counsel for Magellan Capital Advisors. However, it does appear that Pascazi may have some further direct connection to Magellan, as the example of "first use" in commerce sent with the trademark filing is a letter from Magellan to some guy (Michel Mouchon) offering to sell "Bitcoin"... and the letter is signed by Celine M. Pascazi, which the Slashdot report says is Michael's wife. Furthermore, Pascazi's law firm has put up a pdf file touting the benefits of Bitcoin, and noting that Bitcoin is pending trademark to Magellan. On top of that, the pdf lists Celine Mouchon Pascazi as working for the Pascazi Law Offices.

Mouchon? Oh wait. Michel Mouchon is the person the original offer was made to... I'm sure that's just a coincidence, right?

Yeah, it's not hard to put two and two together here. I mean, just the fact that they're claiming the first use in commerce was June 22nd of this year should lead to the application not passing the laugh test. But I do wonder, are there penalties for trying to mislead the USPTO in a trademark filing?


Filed Under: bitcoin, celine pascazi, michael pascazi, trademark
Companies: magellan capital advisors, pascazi law


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  1. identicon
    Michael S. Pascazi, 7 Jul 2011 @ 6:32pm

    Bitcoin Trademark in Civil Law Countries

    Please be advised that, for strategic reasons, Magellan Capital's trademark (serial number 85353491)"Bitcoin" filed with the United States Patent & Trademark Office has been Expressly Abandoned, pursuant to statute, as of July 7, 2011 at 13:15 EDT.

    Simultaneously therewith, trademark applications have begun in those civil law countries, wherein, "first to use" status is not recognized as a defense to trademark registration. These civil law countries, which account for most of the world's population, and land mass, only recognize a "first to file" basis for trademark registration. The penalties for infringing trademarks in those civil law "first to file" countries are as severe as the common law jurisdictions, such as the USA, UK, Canada, Australia, etc., which utilize a "first to use" basis.

    Therefore, jumping up and down exhorting that "Bitcoin" has been in use in the USA, or another common law country, since the dark ages is no defense, repeat no defense, to a claim of infringement of a properly registered mark in a "first to file" jurisdiction.

    It is often best to look at the whole world picture in these sorts of matters.

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