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
    Anonymous Coward, 13 Jul 2011 @ 7:03pm

    Please be advised that trying to register a trademark that has clearly been in common use by thousands for a long time is indisputably a "scummy" activity, regardless of legality. However, the goal of this endeavor was probably to get attention. Regrettably, it has been vastly successful. I got Slashdotted once, and I got 30,000 downloads. I wonder what it does for a law firm? Bad publicity is better than no publicity.

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