BINANCE ACCUSED OF IP THEFT OVER PNUT TOKEN BY PEANUT THE SQUIRREL OWNER

The cryptocurrency world is buzzing with a peculiar legal battle.Mark Longo, the individual behind the beloved internet sensation Peanut the Squirrel, has launched a formal accusation against Binance, one of the world's largest cryptocurrency exchanges. Binance accused of IP theft over PNUT token by Peanut the Squirrel owner Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platformThe core of the dispute? Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark infringement in relation to its PNUT-themed memecoin.Alleged trademark infringement tied to Binance's PNUT-themed memecoin.Longo contends that Binance has unlawfully leveraged his ""Peanut the Squirrel"" trademark and the mascot's image to promote this digital asset without obtaining the necessary authorization. BTCUSD Bitcoin Binance accused of IP theft over PNUT token by Peanut the Squirrel owner Mark Longo, owner of Peanut the Squirrel, accused Binance of using his Peanut's likeness without permission to promote the PNUT memecoin.This move has ignited a firestorm of debate within the crypto community, raising critical questions about intellectual property rights in the decentralized finance (DeFi) space and the responsibilities of major exchanges like Binance in policing the use of branded material.This controversy highlights the Wild West nature of the crypto market, where innovation often clashes with existing legal frameworks.What does this mean for the future of memecoins and the protection of established brands in the digital age?The story is still unfolding, but one thing is clear: this case could set a significant precedent for intellectual property enforcement in the crypto world.Let's delve into the details of this compelling clash between a viral squirrel and a crypto giant.

The Allegations: Peanut the Squirrel vs.Binance

The heart of the matter lies in Mark Longo's claim that Binance has infringed upon his intellectual property rights.According to Longo, Binance's listing and promotion of the PNUT memecoin constitutes an unauthorized use of his ""Peanut the Squirrel"" trademark and the squirrel's likeness.He argues that this misuse could mislead consumers into believing there's an official connection between Peanut the Squirrel and the PNUT token, which is not the case.

Longo formalized his accusations by issuing a cease-and-desist letter to Binance, demanding they halt all activities that infringe on his intellectual property.In a filing shared on social media platform X, Longo detailed his claims, emphasizing the potential damage to his brand and the confusion it could cause among Peanut the Squirrel's fans.

What's at Stake?

The stakes in this case are significant for both parties involved and the broader crypto community. Coinspeaker Peanut the Squirrel Owner Sues Binance for Alleged IP Theft. Mark Longo, the man behind Peanut the Squirrel PNUT $1.08 24h volatility: 5.7% Market cap: $1.08 B Vol. 24h: $639.68 M has taken a major step that has attracted the attention of the crypto community.For Longo, protecting the integrity of his brand and preventing unauthorized commercial exploitation of his creation is paramount.For Binance, the allegations raise questions about their due diligence process in listing new tokens and their responsibility to respect intellectual property rights.

The outcome of this dispute could have far-reaching implications for how intellectual property is protected in the cryptocurrency space.It could set a precedent for future cases involving trademark infringement and the use of branded material in connection with digital assets. Binance accused of IP theft over PNUT token by Peanut the Squirrel owner 🐿️ Binance Mark Longo, the owner of Peanut the Squirrel, has leveled accusations against Binance, claiming that the leading cryptocurrency exchange used the likeness of his pet, Peanut, without authorization to promote the PNUT memecoin.The lack of clear regulatory guidelines in the crypto world further complicates the situation.

The Rise of PNUT and the Subsequent Controversy

The PNUT token emerged in November 2025, quickly gaining traction within the memecoin market.The coin capitalized on the already existing popularity of Peanut the Squirrel and generated substantial trading volume. Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark Binance accused of IP theft over PNUT token by Peanut the Squirrel ownerWithin a mere eleven days of being listed on Binance's platform, PNUT achieved a staggering $1 billion market capitalization.This rapid growth outpaced even established cryptocurrencies like Dogecoin, which took years to reach the same milestone.

However, this rapid success was soon followed by controversy, directly linked to the accusations leveled against Binance by Mark Longo. The PNUT token went live in November 2025 and quickly garnered popularity with the viral controversy over the New York Department of Environmental Conservation s shooting of Peanut the squirrelThe token's association with Peanut the Squirrel, and Binance's promotion of it, became the subject of intense scrutiny.

Market Performance of PNUT

Despite the lawsuit and the allegations of IP theft, the value of the Peanut the Squirrel (PNUT) token has shown little change, reflecting minimal market impact.While some might expect such accusations to negatively impact the price, the memecoin market is often driven by factors other than fundamental legal concerns.

Mark Longo's Countermove: The Justice for Peanut (JFP) Token

Adding another layer of complexity to the situation, Mark Longo has launched his own cryptocurrency called Justice for Peanut (JFP). Mark Longo, the man behind Peanut the Squirrel PNUT $0.18 24h volatility: 1.8% Market cap: $183.66 M Vol. 24h: $157.21 M has taken a major step that has attracted the attention of the cryptoHe is branding JFP as the ""only real PNUT coin,"" attempting to capitalize on the ongoing controversy and direct attention to his own project.This strategic move aims to distance himself from the Binance-listed PNUT token and assert his control over the Peanut the Squirrel brand within the crypto space.

The Justice for Peanut token initially experienced a surge in value, reaching a market capitalization of $116 million. Binance remains silent amid accusations of IP theft, while Longo faces community backlash over other tokens he is involved in. Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark infringement in relation to its PNUT-themed memecoin.However, its valuation has since plummeted by more than 95%, now sitting at approximately $3 million. Squirrel Caretaker Challenges Binance Over Alleged IP Misuse. Mark Longo, caretaker of the late internet-famous Peanut the Squirrel, has issued a cease-and-desist letter to Binance, accusing the crypto exchange of infringing on his intellectual property with its listing and promotion of the PNUT meme coin. Longo claims the listing was doneThis dramatic decline highlights the volatile nature of the memecoin market and the risks associated with investing in such assets.

Community Reaction and Allegations Against Longo

While Longo is pursuing legal action against Binance, he is also facing backlash from the crypto community regarding his involvement in other tokens. PNUT/USDT Binance price chart in real-time. Stats on multiple timeframes, order book, news and trollbox.These allegations, coupled with the sharp decline in the value of JFP, have cast a shadow over his efforts and raised questions about his motives.

Binance's Silence and the Legal Landscape

As of now, Binance has remained publicly silent regarding the accusations leveled by Mark Longo.This lack of response has fueled speculation and uncertainty within the crypto community.Legal experts suggest that Binance is likely assessing the merits of Longo's claims and formulating a legal strategy before issuing an official statement.

The legal landscape surrounding intellectual property in the cryptocurrency space is still evolving.There is a lack of clear regulatory guidelines, which makes it challenging to enforce trademark rights and prevent unauthorized use of branded material. Mark Longo, the owner of Peanut the Squirrel, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing it of trademark infringement in connection with its PNUT-themed memecoin.Longo claims Binance has used his Peanut the Squirrel trademark and mascot likeness without permThis ambiguity creates opportunities for exploitation and increases the risk of disputes like the one between Longo and Binance.

Consumer Protection Concerns

This case also raises broader concerns about consumer protection in the cryptocurrency market.The rapid proliferation of memecoins, often promoted with celebrity endorsements or viral marketing campaigns, can create a deceptive environment for investors. Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark infringement in relation to its PNUT-themed memecoin. In a filing shared on X by Longo, the owner claims Binance unlawfully used his Peanut the Squirrel trademark and mascot likeness to promote the [ ]The lack of transparency and regulatory oversight makes it difficult for consumers to assess the risks associated with these assets.

The Australian Securities and Investments Commission (ASIC) recently highlighted this issue when they claimed Binance misclassified over 500 retail clients as wholesale investors between July 2025 and April 2025.This misclassification deprived these clients of legal protections afforded under Australian financial laws, illustrating the potential for consumer harm in the crypto market.

Intellectual Property in the Metaverse: A Growing Concern

The rise of the metaverse and Web3 technologies has brought the issue of intellectual property theft into sharper focus. Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark infringement in relation to its PNUT-themed memecoin. In a filing shared on X by Longo, the owner claims Binance unlawfully used his Peanut the Squirrel trademark and mascot likeness to promote the [ ] source:As digital assets and virtual worlds become more prevalent, the potential for infringement increases.The decentralized nature of these technologies makes it challenging to enforce intellectual property rights and track down infringers.

Businesses are grappling with the need to protect their brands and creations in these new digital environments. Binance faces IP theft allegations as Peanut the Squirrel creator accuses the crypto giant of misusing his mascot's likeness to promote the PNUT memecoin, sparking a potential legal battle over copyright infringement.This involves developing strategies to monitor for unauthorized use of their trademarks, copyrights, and patents, and taking action to enforce their rights when necessary.

Strategies for Protecting Your Intellectual Property Online

Here are some actionable strategies you can use to protect your intellectual property in the digital age:

• Register your trademarks and copyrights: This provides you with legal protection and the ability to take action against infringers.
• Monitor online platforms for unauthorized use of your intellectual property: Regularly search for your trademarks and copyrighted material on social media, websites, and online marketplaces.
• Implement a takedown policy: Have a clear process for removing infringing content from online platforms.
• Use digital watermarks: Add watermarks to your digital content to deter unauthorized copying and distribution.
• Educate your employees about intellectual property rights: Ensure your employees understand the importance of protecting your company's intellectual property.
• Consult with an intellectual property lawyer: Seek legal advice to develop a comprehensive intellectual property protection strategy.

The Future of Memecoins and Brand Protection

The dispute between Mark Longo and Binance raises fundamental questions about the future of memecoins and brand protection in the cryptocurrency space.Can established brands effectively protect their intellectual property in the decentralized world of crypto? Mark Longo accuses Binance of using his Peanut the Squirrel's likeness to promote the PNUT memecoin without permission.What responsibility do cryptocurrency exchanges have to police the use of branded material on their platforms?

The answers to these questions are still evolving, but one thing is clear: the legal and regulatory landscape surrounding cryptocurrencies needs to adapt to address these challenges. Related: Binance accused of IP theft over PNUT token by Peanut the Squirrel owner. Consumer protection allegations. Mark Longo, the owner of Peanut the Squirrel, has issued a cease-and-desistClearer guidelines and enforcement mechanisms are needed to protect intellectual property rights and prevent consumer harm.

Lessons Learned from the Peanut the Squirrel Case

Regardless of the final outcome, the Peanut the Squirrel case offers several valuable lessons for businesses and individuals operating in the cryptocurrency space:

1. Intellectual property rights are important, even in the decentralized world of crypto. Don't assume that you can use someone else's trademark or copyrighted material without permission, even if it's in connection with a memecoin.
2. Cryptocurrency exchanges have a responsibility to prevent intellectual property infringement on their platforms. They should implement due diligence processes to ensure that listed tokens are not infringing on the rights of others.
3. Consumers should be aware of the risks associated with investing in memecoins. These assets are often highly volatile and lack fundamental value.
4. It's important to consult with legal counsel before launching a cryptocurrency project or using branded material in connection with a digital asset. This can help you avoid potential legal problems and protect your intellectual property rights.

The Implications for Binance and Other Exchanges

The accusations against Binance could have significant repercussions for the exchange itself. Mark Longo, owner of the Peanut the Squirrel brand, has issued a cease-and-desist letter to cryptocurrency exchange Binance, accusing the platform of trademark infringement in relation to its PNUTIf found liable for trademark infringement, Binance could face substantial financial penalties and reputational damage. Longo recently launched the Justice for Peanut (JFP) token, branding it as the only real PNUT coin. The token initially surged to a market cap of $116 million earlier this month but has since seen its valuation plummet by more than 95%, now sitting at $3 million.The case could also prompt regulators to take a closer look at Binance's listing practices and due diligence procedures.

More broadly, the case could encourage other cryptocurrency exchanges to adopt stricter policies regarding intellectual property protection.This could lead to a more regulated and responsible cryptocurrency market, but it could also stifle innovation and limit the availability of new tokens.

Looking Ahead: Potential Outcomes and Next Steps

Several potential outcomes are possible in the dispute between Mark Longo and Binance:

• Settlement: The parties could reach a settlement agreement, which could involve Binance paying Longo a licensing fee or removing the PNUT token from its platform.
• Legal Action: The case could proceed to court, where a judge would ultimately decide whether Binance infringed on Longo's intellectual property rights.
• Regulatory Intervention: Regulators could investigate Binance's listing practices and potentially impose sanctions if they find evidence of wrongdoing.

The next steps in the case will likely depend on Binance's response to Longo's cease-and-desist letter. Binance accused of IP theft over PNUT token by Peanut the Squirrel owner amid allegations that the cryptocurrency exchange misappropriated branding and intellectualIf Binance chooses to ignore the letter, Longo may be forced to file a lawsuit.Regardless of the outcome, this case serves as a reminder of the importance of intellectual property protection in the digital age.

Conclusion: Navigating the Murky Waters of Crypto IP

The ""Binance accused of IP theft over PNUT token by Peanut the Squirrel owner"" saga is a microcosm of the larger challenges facing the cryptocurrency industry. Despite the lawsuit, the value of Peanut the Squirrel (PNUT) token has shown little change, reflecting minimal market impact. Longo, meanwhile, has shifted his focus to promoting a new cryptocurrency, Justice for Peanut (JFP), branding it as the only real PNUT coin.It underscores the critical need for a balance between innovation and the protection of established intellectual property rights.While the allure of memecoins and rapid market capitalization is undeniable, this case serves as a cautionary tale, highlighting the legal and ethical considerations that must be addressed.Mark Longo's bold move to defend his brand against a crypto giant like Binance could set a precedent, forcing exchanges to become more vigilant in policing the use of copyrighted material on their platforms.For businesses entering the digital asset space, the key takeaway is clear: protect your brand, understand the legal landscape, and prioritize ethical practices. The owner of the popular social media figure Peanut the Squirrel, Mark Longo, has accused Binance of intellectual property theft. Longo claims that Binance has used his trademark and mascot likeness without permission to promote the Peanut the Squirrel (PNUT) cryptocurrency.As the crypto world continues to evolve, robust legal frameworks and a commitment to responsible innovation will be essential for its long-term sustainability.

Key Takeaways:

• Binance is facing accusations of IP theft related to the PNUT token and its alleged unauthorized use of the ""Peanut the Squirrel"" brand.
• The case highlights the complexities of intellectual property protection in the decentralized cryptocurrency space.
• Mark Longo, the owner of Peanut the Squirrel, has launched his own cryptocurrency, Justice for Peanut (JFP), in response to the controversy.
• The outcome of this dispute could have significant implications for cryptocurrency exchanges and the future of memecoins.
• Businesses and individuals operating in the cryptocurrency space should prioritize intellectual property protection and seek legal advice to avoid potential legal problems.

Call to Action: If you're considering investing in cryptocurrencies, especially memecoins, conduct thorough research and understand the risks involved.If you're a business owner, take proactive steps to protect your brand and intellectual property rights online.