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Coinbase and DynaPass reach a protocol to end patent disputes.
BlockBeats news, on November 4, Bloomberg reported that Coinbase Inc. has decided to withdraw its lawsuit against DynaPass Inc. DynaPass had claimed that this software company baselessly accused the crypto assets trading platform of infringing a patent related to dual identification. According to the notice of dismissal filed in the U.S. District Court for the Central District of California on October 31, the parties reached an agreement, which includes a commitment clause: DynaPass will not sue Coinbase, its customers, suppliers, partners, or other members of the nonprofit advocacy organization Crypto Open Patent Alliance. In the lawsuit filed in September, Coinbase sought a declaratory judgment from the court confirming that the company did not infringe DynaPass's U.S. Patent No. 6,993,658 and questioned the validity of the patent.