Lightning Labs and Tari agree to convert restraining order in trademark suit

Lightning Labs and Tari agree to convert restraining order in trademark suit


Tari Labs, who bought the suit against the project has faced backlash from the crypto community with some suggesting the lawsuit was “frivolous.”

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Bitcoin (BTC) software firm Lightning Labs and blockchain startup Tari Labs have agreed to convert a court-ordered temporary restraining order that halts the development of Lightning’s Taro protocol.

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In a March 15 filing, lawyers for both Lightning and Tari proposed converting the restraining order to a preliminary injunction — a temporary order that prevents a party from undertaking certain actions.

The order’s conversion to a preliminary injunction would stop the development of the protocol until a court decision is reached.

The two firms agreed that Lightning would still not make

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