NEW YORK (CBSNewYork/AP) — A New York judge says Kanye West‘s lawyers can do research to learn the identities of the creators of the “Coinye West'” digital currency.
U.S. District Judge Analisa Torres on Thursday granted lawyers for the rapper the legal authority to learn who will face a lawsuit saying the electronic currency, similar to Bitcoin, was created to cash in on his fame.
The lawsuit filed earlier this week in Manhattan federal court seeks unspecified damages.
Torres said there was a likelihood West will succeed with his claims. Torres said at a hearing Thursday that West’s lawyers were told by “Coinye West” website operators that they’re anonymous and will keep it that way.
One of the websites targeted by the lawsuit put up a message after the lawsuit was filed saying: “COINYE IS DEAD. You win, Kanye.”
The currency’s creators were using a cartoon image of a coin featuring the rapper in large sunglasses.
The suit claims the defendants have admittedly traded on the name of the the “College Dropout” rapper.
The lawsuit seeks to stop companies and individuals that have not yet been identified from exchanging the digital currency. The lawsuit also seeks unspecified damages for hurting West’s reputation.
The defendants have admitted in interviews that they’d love it if Kanye would name drop Coinye, but they don’t want to pay him to do it.
The lawsuit claims the entrepreneurs boasted that the currency can’t be stopped, whether it “looks like a dollar, a dog or a cartoon picture of a rapper.”
You May Also Be Interested In These Stories
- NYPD: Not-So-Good Samaritan Finds Missing Wallet, Takes $7,000 For Himself
- 8-Year-Old Charter School Student Found Wandering On L Train Tracks
- De Blasio To Release Executive Budget, Says Money Will Go Where It Matters Most
- Fox News Anchor Joins Lawsuit Accusing Network Of Racial Discrimination
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)