DeFi group urges UPSTO to protect crypto from patent trolls
A nonpartisan research and advocacy group says it is trying to invalidate efforts by a patent troll to sue crypto projects. The DeFi Education Fund (DEF), a Washington D.C.-based policy research group , said in a recent blog post it has taken action against True Return Systems LLC (TRS), calling the firm a “ patent troll .” According to the statement, DEF filed a petition last week with the US Patent and Trademark Office (USPTO), trying to initiate an inter partes review (IPR) and cancel all claims in a patent owned by TRS. The move comes after TRS filed a lawsuit against MakerDAO and Compound Protocol in October 2022 for alleged infringement of a US patent . DEF argues that the patent should have never been issued, citing a lack of unique solutions. “In our petition, we demonstrate to the USPTO that the technology described in the patent [owned by TRS] was not new or unique at the time the patent was granted, and, in fact, there was prior art in circulation ...