Over the summer, Facebook unveiled its Libra cryptocurrency and the Calibra subsidiary that would help manage it. Facebook also unveiled a logo for Calibra and, well, it looks somewhat similar to the logo of Current, a startup bank.
Apparently, Current agreed, so much so that it has filed a lawsuit against Facebook, alleging trademark infringement.
The suit names four defendants: Facebook, Calibra, a Facebook subsidiary that owns IP related to Calibra, and Character, the design agency that made the Calibra logo. You might be surprised to see a design agency named in the lawsuit — but Character apparently designed both logos, according to the lawsuit.
The two logos were apparently designed three years apart. Current claims that it started using its logo in August 2016, while Facebook’s logo for Calibra was revealed in June of this year.
Source: www.theverge.com
