If you read the legal letter from Kanye West's lawyers, it also states clearly that people are not allowed to use the term Coinye.
Just something to think about...
Edit: I guess they renamed it Coye now..
There's no way he has the word "Coinye" trademarked.
Or, maybe he does...in a certain way it wouldn't surprise me if he has all kinds of derivatives of his name trademarked...