Here is a clear summary of why the NEIROETH contract was delisted from several CEXs, highlighting the intellectual property (IP rights) of the official NEIRO:
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đ§· Essential Facts
1. Acquisition of IP rights by the NEIRO project
In April 2025, the First Neiro on Ethereum (NEIRO) project acquired exclusive intellectual property (IP) rights over the name, image, and narrative of 'Neiro' from Atsuko 'Kabosumama' Sato, who was the caretaker of Kabosu (the original dog that inspired Doge).
This agreement was made through a partnership with âOwnthedogeâ, an entity that manages the IPs of Doge, Neiro, Cocoro, etc.
The NEIRO project then became the only officially recognized licensed entity to use âNeiroâ in this context.
2. Existence of âcopycat/infringingâ contracts of NEIROETH
Before the legal actions, some exchanges listed perpetual or futures contracts with the symbol NEIROETHUSDT or related ones, which would not have been authorized by the official project. That is, they were versions that imitated (âcopycatsâ) the NEIRO token or contract, without license or approval.
3. Legal action / copyright infringement notifications
After obtaining exclusive IP rights, the NEIRO legal team filed formal infringement notifications with exchanges, claiming that these unauthorized contracts violated their trademark/copyright rights.
4. Delisting of unauthorized contracts by CEXs
As a result:
Bybit announced the removal of the infringing perpetual contract (NEIROETHUSDT) on September 9, 2025.
OKX announced the removal of the same type of contract on September 12, 2025.
Binance Futures announced it will delist the USD-M perpetual contract NEIROETHUSDT on September 26, 2025, with position closing and automatic liquidation.
Crypto.com also announced the removal of the spot or related contract that was considered infringing.
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đ Main reasons for delisting related to IP
Brand protection / narrative: The NEIRO project wants to ensure that âNeiroâ as a name/image/narrative is used only by the licensed version, to avoid confusion, deception, and potential undue commercial exploitation.
Legal liability: By holding the IP rights, the project now has a legal basis to demand the removal of unauthorized uses, including for trademark or copyright violations. This forces exchanges to act to avoid legal risks.
Value / trust preservation: If âunofficialâ contracts remained active, it could harm the reputation of the official token, fragment liquidity, and cause confusion for users. Removing copies helps preserve trust in the âofficialâ project.
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đ Points that are still not completely clear
In some cases, it is not specified whether all versions of âNEIROETHUSDTâ were entirely copies (with separate code/token) or just perpetual contracts that used the name. The exact nature of the âinfringementâ varies.
It is also not always clear whether users of the unauthorized contract had been adequately informed in advance, although the announcements had delisting dates and position closing instructions.
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