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Pudgy Penguins hit with a trademark infringement lawsuit by Penguin apparel brand
PEI Licensing, which operates the Original Penguin brand, alleged that Pudgy Penguins’ "unauthorized use and attempted registration of various Penguin word and design trademarks" constitutes a violation of laws designed to protect fair competition and trade practices.
The firm claims to have sent a cease-and-desist letter to the crypto brand as early as 2023.
$PENGU