News

December 7, 2020

Facebook faces lawsuit over crypto project's new name

London fintech Diem is fighting back after Facebook's crypto project adopted the same name


Isabel Woodford

3 min read

Facebook could be in hot legal water following the rebrand of its crypto project to Diem — a name already taken by a London fintech.

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Chris Adelsbach
Chris Adelsbach, a prominent investor in European fintechs — including DIEM. "There was a DIEM before there was Diem," he told Sifted.
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