
No Launch for YouTeller
Just when you think you have all your ducks in a row and you are ready
to open for business, someone tells you that you can’t. That is
exactly what happened to YouTeller, who was all ready to go, they just
forgot to come up with an original name.
When YouTeller announced that they were going to open, the people at
NETeller got upset saying that they had the rights to the name and
that the use of the YouTeller name would confuse people as to who they
were. They were currently going through litigation of their own, so
they were disturbed that people might think that the companies were
related.
NETeller sent YouTeller a cease and desist order that pertained to
ownership of the domain name. YouTeller’s parent company, Seed Capital
Ltd. said that because of the confusion it was best to delay the
launch of the site for now.
The company said that they fully believe that it is just a matter of
time before the internet law goes away – and that they will be ready
to process US customers’ payments so that they can play on the
internet gambling sites again.
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