Bitcoin Magazine Refuses to Stop Selling 'FedNow' Merchandise Despite Cease-and-Desist from Federal Reserve
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Bitcoin Magazine claims the Federal Reserve sent a cease-and-desist letter over "FedNow" merchandise, accusing trademark violation.
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The merchandise includes t-shirts, hats, etc with "FedNow" but replacing the "O" with an "all-seeing eye" symbol.
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Bitcoin Magazine says the merchandise is parody/criticism protected by the First Amendment.
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The Fed claims the merchandise misleads readers into thinking there's a connection between the magazine and the Fed.
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Bitcoin Magazine refuses to stop selling the merchandise, believing it's protected free speech.