How different is a celebrity-focused “cryptocollectible” from a celebrity-focused “cryptocurrency,” and how similar does it have to be to constitute a trade secret?  That was the question facing the Southern California federal district court in deciding a motion for a preliminary injunction in Founder Starcoin v. Launch Labs, Inc., No. 18-CV-972 JLS (MDD) (S.D. Cal. July 9, 2018).  Defendant Launch Labs, d/b/a Axiom Zen, is the developer of  “CryptoKitties,” a game that uses the Ethereum blockchain technology to “allow[] users to securely buy, sell, trade, and breed genetically unique virtual cats.”  Plaintiff Starcoin has a business plan to create a “regulated exchange” for secure “tokens” representing celebrities that can be bought and sold, not just by typical investors, but by a celebrity’s fans as well. 
Continue Reading California Federal Court Denies Preliminary Injunction In “Blockchain” Dispute

Seyfarth Partner and Trade Secrets, Computer Fraud & Non-Compete Practice Group Co-Chair Robert Milligan is on the panel for the “Discovery in Trade Secret Litigation” session on May 4 at The Sedona Conference Working Group on Electronic Document Retention & Production 2018 Midyear Meeting in Nashville, Tennessee. The “Discovery in Trade Secret Litigation” sessions will