Intercurrency Software v. CoinJar: Voluntary Dismissal in Crypto Patent Dispute
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📋 Case Summary
| Case Name | Intercurrency Software, LLC v. CoinJar Australia Pty Ltd |
| Case Number | 2:25-cv-01033 (E.D. Tex.) |
| Court | Eastern District of Texas, Chief Judge Rodney Gilstrap |
| Duration | Oct 2025 – Jan 2026 97 days |
| Outcome | Plaintiff Withdraws — Voluntary Dismissal with Prejudice |
| Patents at Issue | |
| Accused Products | CoinJar’s trading platforms and systems |
Case Overview
The Parties
⚖️ Plaintiff
A patent holding entity whose portfolio focuses on currency exchange and financial transaction technologies, operating as a non-practicing entity (NPE).
🛡️ Defendant
An Australian-based cryptocurrency exchange platform offering digital asset trading services to retail and institutional users.
The Patent at Issue
This case centered on a utility patent covering technology in the currency exchange and trading platform domain. Utility patents are registered with the U.S. Patent and Trademark Office (USPTO) and protect functional inventions, often facing scrutiny under § 101 eligibility frameworks.
- • US 11,620,701 — Utility patent covering currency exchange and trading platform technology.
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The Verdict & Legal Analysis
Outcome
On January 14, 2026, Chief Judge Gilstrap accepted and acknowledged Intercurrency Software’s **Notice of Voluntary Dismissal** pursuant to the plaintiff’s own filing (Dkt. No. 34). The court ordered all claims against CoinJar Australia dismissed **with prejudice**, with each party bearing its own **costs and attorneys’ fees**. A dismissal with prejudice is legally significant: Intercurrency Software cannot refile the same claims against CoinJar Australia based on U.S. Patent No. 11,620,701.
Key Legal Issues
The case did not produce a merits ruling, claim construction order, or precedential opinion. However, several legal dimensions merit attention. The absence of disclosed damages figures and the brevity of the litigation suggest a pre-trial resolution, potentially driven by a confidential licensing agreement, a strategic withdrawal in the face of strong defense, or assertion leverage achieved in a multi-defendant campaign. Currency exchange software patents, like US 11,620,701, face persistent invalidity challenges under the Alice Corp. v. CLS Bank International framework, which represents a standard defense vector for technology of this type.
Freedom to Operate (FTO) Analysis in Crypto IP
This case highlights critical IP risks in the rapidly evolving cryptocurrency sector. Choose your next step:
📋 Understand This Case’s Impact
Learn about the specific risks and implications from this litigation.
- View all related patents in this technology space
- See which companies are most active in fintech patents
- Understand patent eligibility challenges under § 101
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High Risk Area
Currency exchange software
Active Lead Docket
Multiple parallel infringement actions
§ 101 Eligibility Challenges
Primary defense vector
✅ Key Takeaways
Voluntary dismissal with prejudice in multi-defendant NPE campaigns may reflect confidential licensing rather than abandonment — monitor lead docket filings.
Search related case law →Eastern District of Texas remains viable for fintech patent assertions against defendants with U.S. market access.
Explore precedents →§ 101 eligibility challenges remain a primary defense vector for currency exchange software patents.
Analyze § 101 rulings →Frequently Asked Questions
U.S. Patent No. 11,620,701 (application no. US17/948217), directed at currency exchange software technology, was the asserted patent in Case No. 2:25-cv-01033.
Plaintiff Intercurrency Software LLC filed a voluntary notice of dismissal. A dismissal with prejudice permanently bars refiling the same claims against CoinJar Australia under this patent.
The Eastern District of Texas court explicitly directed the Clerk to maintain the lead case as open, indicating Intercurrency Software’s litigation campaign continues against remaining defendants.
Cryptocurrency trading platform architectures warrant regular patent clearance review, particularly against continuation families in the currency exchange software space. Early engagement of IP counsel upon service of process significantly impacts strategic options and resolution timelines.
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References
- PACER — Case No. 2:25-cv-01033 (E.D. Tex.)
- U.S. Patent No. 11,620,701 on USPTO Patent Full-Text Database
- Court Listener — Eastern District of Texas Patent Rulings
This article is for informational purposes only and does not constitute legal advice. All case information is drawn from publicly available court records. For platform capabilities, visit PatSnap.