Someone trademarked and was GRANTED the term.  This cannot be allowed to stand....  they were not the first in use?   WTF?


Word Mark    BITCOIN
Goods and Services    IC 036. US 100 101 102. G & S: Financial services, namely, providing a virtual currency for use by members of an on-line community via a global computer network. FIRST USE: 20110622. FIRST USE IN COMMERCE: 20110622
Standard Characters Claimed    
Mark Drawing Code    (4) STANDARD CHARACTER MARK
Serial Number    85353491
Filing Date    June 22, 2011
Current Filing Basis    1A
Original Filing Basis    1A
Owner    (APPLICANT) Magellan Capital Advisors LLC DBA Magellan Capital LIMITED LIABILITY COMPANY NEW YORK Suite D 1065 Main Street Fishkill NEW YORK 12524
Attorney of Record    Michael S. Pascazi, Esq.
Disclaimer    NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE "COIN OR BIT" APART FROM THE MARK AS SHOWN
Type of Mark    SERVICE MARK
Register    PRINCIPAL
Live/Dead Indicator    LIVE