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Just saw the news that PEI Licensing (, the parent company of Original Penguin), is suing Pudgy Penguins for trademark infringement. It turns out they’ve been using the penguin trademark since 1956, so when they saw Pudgy Penguins’ penguin meme show up, they weren’t too pleased.
It seems PEI Licensing warned Pudgy Penguins starting from October 2023, but they didn’t listen, so now they have to go to court. The reason they’re suing is that they claim using this penguin-inspired clothing trademark causes confusion among consumers.
The interesting part is that the penguin meme has now picked up even more legal drama. Let’s wait and see how Pudgy Penguins will respond, and whether the penguin meme will be affected. Actually, trademark disputes like this are pretty common, but when it happens in crypto, it adds an extra layer of fun.