X-Spot Global Limited, a company owned by Huobi Global exchange (now HTX) co-founder Leon Li, has won an injunction against Huobi Global for the latter to cease its use of the Chinese-equivalent “Huobi” trademark in Hong Kong.

According to a recent decision with the Hong Kong High Court, the HTX exchange will be barred from using the trademark name Huobi (火幣) and the Chinese business name “火必,” which is “confusingly similar” to the English trademark in Hong Kong, pending a final trial on the matter. Presiding judge Mimmie Chan J wrote: 

“At this stage, I am unable to see any arguable defence to the Plaintiff’s claim of trademark infringement, and as Counsel for the Plaintiff… Read more on Cointelegraph