General News

Kanye West's lawyers to track down anonymous currency creators

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Jan 17, 2014 | 5:51am EST

A judge in New York City has given Kanye West's lawyers permission to track the anonymous creators of an online currency which the rapper claims is trading off his name. The hip-hop star filed a lawsuit in the Big Apple this week (beg13Jan14) in a bid to stop the exchange of the Coinye West cryptocurrency. The name of the brand was changed to just Coinye and a logo featuring a cartoon image resembling the star was altered shortly before its launch 7 January (14) after West's lawyers filed a cease-and-desist order against the creators. The team behind the currency has so far remained anonymous, but during a court hearing on Thursday (16Jan14), U.S. District Judge Analisa Torres granted West's attorneys legal authority to track down the identities of those behind the scheme. The lawsuit is seeking unspecified damages, and seeks to block the exchange of the Coinye currency.

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