The UDRP Case That The Crypto Exchange Giant is Denied

When a UDRP Complaint Is Denied

You may believe you have the most straightforward UDRP complaint but you always have to remember the three golden rules. In this proceeding, reported by the World Intellectual Property Organization (WIPO), all of the data seemed to favor the crypto exchange giant Binance, but they still lost the case. Continue reading to find out where Binance went wrong.


What Happened?

The Complainant, Binance Holdings Limited, submitted a complaint to WIPO Arbitration and Mediation Center that the disputed domain name binance.com.au be transferred to them. The domain name in question infringes on the crypto exchange giant’s Australian Registered Trade Mark No. 1970019, BINANCE, in respect of: computer software, business management, and financial services. This trade mark has been registered in Australia since November 21, 2018. 

The Respondent registered binance.com.au on October 27, 2019. The Respondent also operates a digital marketing business from the website tellmedia.com.au. In addition, the Respondent’s director, Mr. Nawodycz, holds an appointment at an organisation called “World Bookings” as a blockchain exchange researcher/decentralized exchange researcher where he has been involved in creating projects in “the blockchain and crypto space”.


The Facts of the UDRP Case

  • On February 10, 2020, a representative of the Complainant approached Mr. Nawodycz with an offer to buy the disputed domain name for USD 2,000.
  • On March 9, 2020, the Complainant’s representative made a final offer of AUD 8,000 indicating this was its final offer before proceedings to recover the disputed domain name were commenced. 
  • Up to this point, the disputed domain name had resolved to a website which was simply a parking page provided by the Registrar. 
  • On March 12, 2020, the Respondent filed an application to register an Australian trade mark for the word “binance” in International Class 39 for “flower delivery”. This application is held jointly with World Bookings pte ltd Singapore. Mr. Nawodycz is listed as a director and the only shareholder of this company. The services World Bookings provides are management consultancy and investment holding. 
  • At some point between March 13 and March 17, 2020, the disputed domain name resolved to a webpage which featured an image of a flower and stated “Binance Flowers to Your Door. Under construction.” The website operates as a florist, offering flowers for sale and delivery.
  • The representation of “Binancé” with the accented “é” was introduced only after April 21, 2020.
  • On April 21, 2020, the Complainant commenced proceedings in the Australian Trade Mark Office seeking to have the Respondent’s accepted trade mark application cancelled on the grounds that it was filed without an intention in good faith to use it as a trade mark.
  • On April 26, 2020, the Respondent registered the business name “binance flowers”.

The Complaint 

For a successful UDRP proceeding, the Complainant has to prove three items:

Complainant must prove the domain name is identical or confusingly similar to a trademark or service mark in which the Complainant has rights.

The Complainant has proven that it owns the registered trade mark for BINANCE. The Panel finds that the disputed domain name, binance.com.au, is identical to the Complainant’s Trade Mark.

Complainant must prove the Respondent has no rights or legitimate interest in respect of the domain name.

Given the difference between the trademarks, a flower delivery service and the services provided by the Complainant, the Panel finds that the Complainant has not provided a convincing case of demonstrating the Respondent does not have rights or a legitimate interest in the disputed domain name.

Complainant must prove the domain name was registered and is being used in bad faith.

The Panel reached a conclusion that the Complainant did not satisfy the second element and therefore no good purpose would be served by addressing this third requirement at this stage.


Complainant VS. Panel

It seemed as though the crypto exchange giant, Binance, had everything they needed to win this case. When we closely examine the points in the case they reference it turns out they were not able to establish a strong enough case for the domain name being registered in bad faith. This is a critical reminder of how essential it is to work with an experienced team, well versed in domain dispute proceedings.

Learn more about UDRP +1.888.982.7940


Intent

Trademark

Business Name

Business Plan

Website Development

Legitimacy

The Finding: Complaint Denied

The panelists with considerable hesitation decided that the Complaint is denied. The Panel accepts that the matters raised by the Complainant at the least raise suspicions about the Respondent’s intentions.

In these circumstances, it would be best for the crypto exchange giant, Binance, to find resolution in court proceedings. The auDRP offers limited proceeding with no discovery nor cross-examination. Therefore, the panel could not form a conclusion about the Respondent’s real motives.

All three elements required under UDRP were not met. Because of this the Panel concluded that the domain name remains in control of the Respondent.