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TTAB Rejects Fraud Counterclaim, Finds ZOOMPAY Confusable With XOOM For Electronic Payment Services - Intellectual Property

Another fraud claim bit the dust in this opposition to registration of the mark ZOOMPAY for electronic payment services. Opposer PayPal claimed a likelihood of confusion with the registered mark XOOM (in standard character form) for overlapping money transfer services. Applicant ZT Holdings charged PayPal with fraud in procuring five of the pleaded registrations, but ZT failed to prove that any false statements by PayPal were made with an intent to deceive the USPTO. End of fraud story. PayPal, Inc. v. ZT Holdings, LLC2, Opposition Nos. 91208416 and 912173743 (March 29, 2021) [not precedential] (Opinion by Judge Peter W. Cataldo). Fraud: The Board discussed at length Applicant

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