Coinye West Is Now Out of Print
Website for internet currency shuts down after Kanye piles on legal pressure
Coinye is no more. Kanye West is pursuing further legal action against the creators of Coinye West, the recently released — and now-defunct — cryptocurrency that bears the Yeezus rapper’s cartoon likeness. As TMZ reports, Kanye has filed legal documents in New York requesting that a judge immediately shut down the marketing and sale of the internet money. Now, it looks as though ‘Ye’s wish has come true. The project’s website is pretty much blank, aside from the following header: “COINYE IS DEAD. You win, Kanye.”
The original Coinye West site was shut down last week after Kanye slapped the makers with a cease-and-desist letter, a move that also prompted the creators to bump up the release date of their virtual coinage. Originally set to debut on January 11, Coinye West was set loose a few days early, on January 7.
To remedy the damage supposedly done by Coinye, the 36-year-old MC has demanded an injunction against several companies he believes could be responsible for the web-only currency. (Note that in an email interview with Noisey, the creators of Coinye West refused to reveal their identities to the world “in case kanye gets pissed off.”)
Among the defendants listed in Kanye’s injunction? Amazon.com, which is being targeted because Kanye believes the online retailer provides web-hosting services to sites affiliated with Coinye. Kanye is also suing for a portion of the profits earned from Coinye West.
“The lawsuit seeks, among other things, money damages for the willful infringements that defendants have engaged in over the past seven days,” Kanye’s attorney, Brad Rose, said in a statement. “While we are encouraged that some of the websites that have been exploiting this bitcoin have been deactivated in light of the filing of the lawsuit, those that have profited from this illegal exploitation will continue to be vigorously pursued for damages.”