Coinbase and DynaPass have reached a protocol to end the patent dispute.

TechubNews · 2025-11-04T02:24:56+00:00

Coinbase has decided to withdraw its lawsuit against DynaPass, and both parties have reached a protocol in which DynaPass commits not to sue Coinbase and its affiliates. Previously, Coinbase sought a court ruling to confirm that it did not infringe on DynaPass's patent.

TechubNews

2025-11-04 02:24:56

Abstract generation in progress

According to Techub News and Bloomberg, Coinbase Inc. has decided to withdraw its lawsuit against DynaPass Inc. DynaPass had claimed that this software company unfoundedly accused the cryptocurrency trading platform of infringing a patent related to two-factor authentication. According to the notice of dismissal submitted to the United States District Court for the Central District of California on October 31, both parties reached an agreement, which includes a commitment clause: DynaPass will not sue Coinbase, its customers, suppliers, partners, or other members of the nonprofit advocacy organization Crypto Open Patent Alliance. In the lawsuit filed in September, Coinbase sought a declaratory judgment from the court confirming that the company did not infringe DynaPass's U.S. Patent No. 6,993,658 and questioned the validity of the patent.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.