Telegram drops ‘GRAM’ trademark lawsuit but must cover legal fees. Telegram Messenger Inc has voluntarily dismissed its lawsuit against Lantah LLC regarding the use of the trademark ‘GRAM’ for its homonymous cryptocurrency token.
A.S. District Judge Charles Breyer ruled that since 2018 Telegram will have to pay Lantah reasonable attorney fees for defending the lawsuit.
Because Lantah has not provided documents detailing its litigation expenses, the parties now have to discuss a fair amount before they reconvene with the court.
The judge dismissed the suit without prejudice to refiling, allowing Telegram to make future claims regarding the GRAM trademark and rejecting Lantah ‘s application for dismissal with prejudice.
Telegram dropped the lawsuit after abandoning its Telegram Open Network project in May and settling with the U.S. Securities and Exchange Commission in June.
Despite Lantah submitting an application for the GRAM trademark by 2018, Telegram took legal action against the firm in May 2018 after raising $1.7 billion through a three-month offering of GRAM tokens.
Lantah filed counterclaims in June 2018, asserting that it had priority over the trademark. However, the court would grant Telegram’s request for a preliminary injunction barring Lantah from using the trademark, noting that Telegram had begun using the trademark within a commercial context before Lantah.
[image: Christian Wiediger]
