Zcash Foundation Targets Small ZEC DAT Domain in Trademark Dispute

The Zcash Foundation has taken legal action against Zcash Strategy, a small digital asset treasury company, over the use of its domain (zcashstrategy.com), causing division within the ZEC community. The foundation claims violations of their trademark policy, with six community reports prompting action.

Zcash Strategy shared a cease and desist email from the Zcash Foundation requesting a "voluntary [domain] transfer" to avoid further legal escalation.
The foundation considers the public post as an official request to use Zcash trademarks, which is under review.
Josh Swihart, CEO of Electric Coin Co., previously ended a trademark agreement with the Zcash Foundation and requested clarity on trademark usage.
The controversy includes criticism for targeting a small account, especially as ZEC's market performance declines.
Some supporters argue that protecting the trademark is essential to prevent scams and protect the community.

ZEC is currently trading at $332, down 55% from its $744 local high, after gaining over 1,000% in two months due to increased interest in privacy coins.