This is really funny. You don't need to own any paycoin, just import the private key in the wallet. This private key is a number you saw on the internet, and a number cannot be patented. You can write them into the coinbase string of a block in some shitcoin and many people will have a copy of it stored.

Don't let them intimidate you, if I write my gmail password in my github repo then its my fault if people look into my emails. That's not different here.