Finco Services of Delaware has initiated a lawsuit against Facebook (NASDAQ:FB) in a New York court, Oct.10, over the swirly tilde logo Facebook uses for its Libra token. The plaintiff is also suing its former designer, who did the logo work for Facebook, for reusing the design.
Finco Services alleges trademark infringement, unfair competition, and “false designation of origin” against Facebook over its use of the swirly tilde logo.