BPAY Seeks to Shut Down BePay Australia Cryptocurrency Exchange

BPay is actively seeking to shut down a relatively obscure crypto trading platform, citing trademark infringement and the platform’s suggestive misrepresentation of BPay’s endorsement.

The digital currency exchange, BePay Australia, which offers a cryptocurrency known as “Barteos,” reportedly dismissed multiple cease-and-desist notices from the major payment company BPay, sent in February, April, and June of the previous year. BPay noticed that the exchange was employing logos that could be misconstrued as implying an association between the two entities.