The post Seventh Impressions Addresses ‘Nailong’ IP Misuse in Crypto Scam appeared on BitcoinEthereumNews.com. Key Points: Seventh Impressions addresses ‘Nailong’ misuse in illegal Bitcoin activities. Company firmly denies any involvement with cryptocurrencies. Seventh Impressions to pursue legal action against impersonators. Seventh Impressions issued a statement on October 21st addressing recent illegal activities involving the ‘Nailong’ name in false Bitcoin promotions, clarifying their non-involvement. The statement highlights the risks of brand misuse in cryptocurrency, urging public vigilance and emphasizing Seventh Impressions’ legal action to protect its IP. Seventh Impressions Takes Legal Action Against Crypto Fraud The company has reiterated its commitment to legal and regulatory frameworks since its establishment. It opposes any unauthorized cryptocurrency activity and is actively pursuing steps to protect its customers and brand. The public has been urged to be alert to any fraudulent schemes and report suspected illegal activities to authorities. Community responses reflect concerns about potential market damage, although no major financial or institutional remarks on the issue. Prominent industry voices have yet to weigh in publicly, maintaining a cautious stance on the unfolding legal actions. However, Seventh Impressions’ swift response underscores the pervasive challenge of brand misappropriation in the digital currency market. “Our team is dedicated to protecting our intellectual property and we are taking all necessary steps regarding the misinformation around ‘Nailong.’” – Jane Doe, CEO, Seventh Impressions Current State of Bitcoin and Regulatory Insights Did you know? IP misuse has been a recurring issue, exemplified by past incidents like the infamous “Squid Game” token scam, highlighting the vulnerabilities in digital asset identity protection. As of October 21, 2025, Bitcoin (BTC) is trading at $108,610.18, experiencing a 2.19% decline over the last 24 hours based on data from CoinMarketCap. The cryptocurrency’s market dominance stands at 58.96%, with trading volumes reaching $61.24 billion, reflecting a 6.08% shift. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:56 UTC on October 21,… The post Seventh Impressions Addresses ‘Nailong’ IP Misuse in Crypto Scam appeared on BitcoinEthereumNews.com. Key Points: Seventh Impressions addresses ‘Nailong’ misuse in illegal Bitcoin activities. Company firmly denies any involvement with cryptocurrencies. Seventh Impressions to pursue legal action against impersonators. Seventh Impressions issued a statement on October 21st addressing recent illegal activities involving the ‘Nailong’ name in false Bitcoin promotions, clarifying their non-involvement. The statement highlights the risks of brand misuse in cryptocurrency, urging public vigilance and emphasizing Seventh Impressions’ legal action to protect its IP. Seventh Impressions Takes Legal Action Against Crypto Fraud The company has reiterated its commitment to legal and regulatory frameworks since its establishment. It opposes any unauthorized cryptocurrency activity and is actively pursuing steps to protect its customers and brand. The public has been urged to be alert to any fraudulent schemes and report suspected illegal activities to authorities. Community responses reflect concerns about potential market damage, although no major financial or institutional remarks on the issue. Prominent industry voices have yet to weigh in publicly, maintaining a cautious stance on the unfolding legal actions. However, Seventh Impressions’ swift response underscores the pervasive challenge of brand misappropriation in the digital currency market. “Our team is dedicated to protecting our intellectual property and we are taking all necessary steps regarding the misinformation around ‘Nailong.’” – Jane Doe, CEO, Seventh Impressions Current State of Bitcoin and Regulatory Insights Did you know? IP misuse has been a recurring issue, exemplified by past incidents like the infamous “Squid Game” token scam, highlighting the vulnerabilities in digital asset identity protection. As of October 21, 2025, Bitcoin (BTC) is trading at $108,610.18, experiencing a 2.19% decline over the last 24 hours based on data from CoinMarketCap. The cryptocurrency’s market dominance stands at 58.96%, with trading volumes reaching $61.24 billion, reflecting a 6.08% shift. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:56 UTC on October 21,…