ZynCoin and Philip Morris reach a settlement
2024-06-26 21:58:11
ZynCoin, a meme token named after a nicotine bag, reached a settlement with Fortune 500 company Philip Morris. Philip Morris initially asked ZynCoin to stop using "ZYN Coin" and its associated logos, but due to ZynCoin's decentralization, there is no centralized entity to sue or stop the token. Eventually, the two sides reached a compromise, keeping the "zyn" prefix and making minor changes to the marketing.
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