Epic Games CEO Tim Sweeney has publicly slammed the Fortnite Tokens making its round on social media, calling the crypto currency “a scam” and threatening legal action against it.
Taking to Twitter to share his thoughts, the CEO confirmed that the Fortnite Tokens are not created nor supported by Epic Games. “There isn’t a Fortnite cryptocurrency. The Twitter accounts promoting such a thing are a scam,” Sweeney tweeted. “Epic’s lawyers are on it. Also, shame on the cryptocurrency marketplaces that enable this kind of thing.”
Sweeney also replied to the Twitter account promoting the Fortnite Tokens, directly and simply calling it a scam. The creators of the Fortnite Tokens responded with claims that their cryptocurrency is “a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future,” but Sweeney clarified why it is still not legal. “That’s not how trademarks and copyrights work though. You can’t use the Fortnite name and images without permission to market an unrelated product.”
Stay tuned for updates on this story.
Fortnite Token isn’t a scam cryptocurrency project. Instead, this is a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future.
— Fortnite Token (@fortnite_token) June 6, 2022
That’s not how trademarks and copyrights work though. You can’t use the Fortnite name and images without permission to market an unrelated product.
— Tim Sweeney (@TimSweeneyEpic) June 6, 2022
There isn’t a Fortnite cryptocurrency. The Twitter accounts promoting such a thing are a scam. Epic’s lawyers are on it. Also, shame on the cryptocurrency marketplaces that enable this kind of thing.
— Tim Sweeney (@TimSweeneyEpic) June 6, 2022
Elsewhere in gaming, E3 is set to return this year.
Tagged: gaming