{"id":9000,"date":"2025-07-21T16:46:45","date_gmt":"2025-07-21T13:46:45","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2025\/07\/21\/circle-cries-brand-infringement-over-just-a-circle-use-of-crcl-ticker\/"},"modified":"2025-07-21T16:46:45","modified_gmt":"2025-07-21T13:46:45","slug":"circle-cries-brand-infringement-over-just-a-circle-use-of-crcl-ticker","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2025\/07\/21\/circle-cries-brand-infringement-over-just-a-circle-use-of-crcl-ticker\/","title":{"rendered":"Circle cries brand infringement over Just A Circle use of CRCL ticker"},"content":{"rendered":"
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Fifty-billion-dollar stablecoin firm Circle Internet Group has accused a circle-themed memecoin of \u201cbrand infringement,\u201d leading to a modification of its ticker on Solscan.<\/p>\n

That\u2019s according to an investor and member of the \u201cJust A Circle ($CRCL)\u201d memecoin community who told Protos, \u201cIs it really necessary for [Circle] to be asserting infringement on a shape, or a stock ticker?\u201d<\/p>\n

The token\u2019s ticker on Solscan was changed from CRCL to SPL Token at some point in June. According to the investor, Solscan claimed, \u201cWe have received reports that this token uses copyrighted or trademarked material without authorization and is not associated with its rightful owner. Please proceed with caution.\u201d<\/p>\n

Solscan then confirmed<\/a> on July 7 that the change was made following an allegation of \u201cbrand infringement\u201d from Circle.<\/p>\n

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Hey @circle<\/a> @solscanofficial<\/a> , <\/p>\n

It seems there is a bit of confusion, we are literally just a circle. We urge you to review your false claims and rescind this DMCA. <\/p>\n

Thank you for your attention to this matter! pic.twitter.com\/yA5DzhXWY0<\/a><\/p>\n

\u2014 justacirclesol (@justacirclesol) July 7, 2025<\/a><\/p><\/blockquote>\n<\/div>

Just A Circle revealing Solscan\u2019s email and the brand infringement allegation from Circle. <\/figcaption><\/figure>\n

Read more: Circle dragged for dragging feet as DeFi protocol GMX hacked<\/a><\/em><\/p>\n

Solscan said it acknowledged Just A Circle\u2019s emails on the matter, and noted that a report had been filed by Circle and its representatives<\/strong>.<\/p>\n

The crypto tracker added that it\u2019s still investigating the matter and noted that the Just A Circle community can file a counter notice.\u00a0<\/p>\n

Circle owns the stablecoin USDC, which has a market<\/a> cap of $64 billion. Just A Circle\u2019s CRCL reportedly had a market cap of roughly $450,000, and shot up to $15 million<\/strong> after Solscan revealed the complaint.<\/p>\n

Its market cap is now<\/a> just shy of a million dollars.<\/p>\n

While Solscan has changed<\/a> the ticker, CoinGecko hasn\u2019t, opting instead to d<\/a>isplay<\/a> a warning that says \u201cJust a Circle Token is not associated with Circle.\u201d<\/p>\n

Circle got ticker problems<\/h2>\n

Circle went<\/a> public earlier this year on the New York Stock Exchange with the ticker \u201cCRCL,\u201d which was also shared by an oil investment firm called Corcel PLC.<\/p>\n

As a result, many traders preemptively bought stocks in Corcel PLC on the day of the public listing, causing its price to soar by 16,689%.<\/p>\n

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Circle IPO traders send wrong CRCL stock up 16,000%<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Read more: Circle execs and VCs misread the market \u2014 it cost them $2B<\/a><\/em><\/p>\n

Thousands of memecoins copy or infringe on other intellectual property rights. In one case, an artist pursued<\/a> legal means after the \u201cChill Guy\u201d memecoin based on his work was launched. <\/p>\n

As for Circle\u2019s complaint, the Just A Circle investor told Protos, \u201cThis seems like a bunch of old TradFi suits dressed up in sheeps\u2019 clothing but trying to stick it to a bunch of crypto enthusiasts trying to have some fun with memes and create a little bit of financial freedom.\u201d<\/p>\n

Protos has reached out to Circle Internet Group for comment and will update this piece should we hear anything back.<\/p>\n

Got a tip? Send us an email securely via\u00a0<\/em>Protos Leaks<\/em><\/a>. For more informed news, follow us on\u00a0X<\/a>,\u00a0<\/em>Bluesky<\/em><\/a>, and\u00a0<\/em>Google News<\/em><\/a>, or subscribe to our\u00a0<\/em>YouTube<\/em><\/a>\u00a0channel.<\/em><\/p>\n

The post Circle cries brand infringement over Just A Circle use of CRCL ticker<\/a> appeared first on Protos<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Fifty-billion-dollar stablecoin firm Circle Internet Group has accused a circle-themed memecoin of \u201cbrand infringement,\u201d leading to a modification of its ticker on Solscan. That\u2019s according to an investor and member of the \u201cJust A Circle ($CRCL)\u201d memecoin community who told Protos, \u201cIs it really necessary for [Circle] to be asserting infringement on a shape, or […]<\/p>\n","protected":false},"author":1,"featured_media":9001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[147],"tags":[],"class_list":["post-9000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest"],"_links":{"self":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/comments?post=9000"}],"version-history":[{"count":0,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media\/9001"}],"wp:attachment":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media?parent=9000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/categories?post=9000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/tags?post=9000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}