TechFlow News, March 6: According to The Block, PEI—the owner of apparel brand Penguin—has filed a lawsuit against the NFT project Pudgy Penguins, alleging trademark infringement by its retail products. Penguin, an apparel brand founded in 1955, claims in its complaint that Pudgy Penguins received a cease-and-desist letter in October 2023 but ignored the warning. Pudgy Penguins is a well-known NFT collectibles project that has expanded into physical retail products in recent years.
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