India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
Federal Judge Rules Trump Administration Unlawfully Halted EV Charger Funding 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Google Halts UK YouTube TV Measurement Service After Legal Action 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Citigroup Faces Lawsuit Over Alleged Sexual Harassment by Top Wealth Executive 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Federal Judge Restores Funding for Gateway Rail Tunnel Project 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Jack in the Box has sued cryptocurrency exchange FTX over its Moon Man mascot, which it alleges was “brazenly and illegally" copied and derived from its 70-year old mascot, Jack.
The restaurant chain accuses FTX of copyright infringement, trademark dilution, trademark infringement, false designation of origin, and unfair competition.
FTX recently launched a series of advertisement spots has already made several personal appearances at such sporting events as the World Series, featuring Moon Man.
According to the lawsuit filed in the US district court of Southern District of California, FTX’s far inferior Moon Man is blurring consumers’ association between the restaurant chain and Jack.
Consequently, it is allegedly tarnishing Jack’s reputation to consumers.
According to Jack in the Box, Moon Man could be mistaken for Jack, its 70-year old mascot, since it also has a" spherical white head affixed to a talking human actor, with blue-dotted eyes, a nose, and a smile."
Jack in the Box added that not only are the two characters strikingly similar in appearance, they also have the same behavior.
An example given by the fast-food chain was that the Moon Man, like Jack, also changes his facial expressions and clothing attire throughout appearances and advertisements.
The lawsuit added that Jack in the Box sent FTX a cease-and-desist letter on Oct. 15. FTX did not comply and responded on Oct. 29 that it will continue to use Moon Man in its advertising.
Due to FTX’s refusal to stop using Moon Man, the lawsuit said it has caused Jack in the Box “considerable economic damage and irreparable harm," such as devaluing the Jack in the Box-associated goodwill.
The restaurant chain also argued that FTX’s response to the cease and desist letter is also rife with legal and factual inaccuracies, such as claiming that Jack in the Box's protection is limited to "the behatted ping pong‐headed clown who exploded out of a box to sell burgers."
Jack in the Box operates and franchises more than 2,200 restaurants in 21 US states and Guam.
