I think a big issue with it is that theres no real way to properly sue a project if the president ok's it. It's a lot of money to go after a case, and then since it's a federal case the president has pardon power on it. An IP violation is almost always federal... which falls under that pardoning ability. It would need to either stay at a state level (which is unlikely given who is involved) or keep it in civil court, which I don't think IP violations of this magnitude would stay contained.

Honestly with how the law currently is, I think the president could publicly execute someone(or order someone else to) for any declared reason, as long as said reason could be remotely tied to it's position of power, and then for the crime they could just pardon it. There's nothing blocking it.