Facebook is currently in the progress of building its own cryptocurrency, which they will call Libra. During the process, a logo had to be designed for Calibra – which will be a subsidiary that provides financial services.
However, it looks like Facebook is in hot water for the design – The logo sparked interest in Current, who has a logo which is very similar.
this is what happens when you only have 1 crayon left pic.twitter.com/2JY5JfesQD
— Current (@current) June 19, 2019
Current has even filed a complaint, which alleges that the Calibra logo is too similar to their own.
They are seeking monetary damages, along with a preliminary injunction.
Source: Coindesk (Image: Current Twitter)