Posted by on November 25, 2021 1:01 pm
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Categories: Breaking News Epoch Times News

Cryptocurrency Named After ‘The Lord of the Rings’ Deemed a Trademark Violation

A cryptocurrency named after “The Lord of the Rings” trilogy was successfully blocked by the estate of author J.R.R. Tolkien on Tuesday after judges deemed it a trademark violation. The coin, called “JRR Token,” was set up by Florida-based developer Matthew Jensen and launched in August 2021. An accompanying website, jrrtoken.com, which later became thetokenofpower.com, was also launched to sell and promote the cryptocurrency and contained images of wizards, including one who looked like Gandalf from “The Hobbit,” and other images relating to Tolkien’s works, lawyers representing the estate said. The sites also included the phrase, “The One Token That Rules Them All,” seemingly a play on words taken from the books’ central element, “one ring to rule them all.” One of the websites, jrrtoken.com, is no longer available, while thetokenofpower.com now leads to an empty blog page. Family and the estate of Tolkien brought legal action against the digital token’s creator on Aug. 7, when they filed …

Originally appeared on The Epoch Times

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