Domain Name Thieves Need Our Help

by Dave in ,

...otherwise they'll just keep on stealing, and that couldn't possibly be good for them or their general karma, could it? I'm referring to the add/drop scheme, described in great detail by Bob Parsons, CEO and Founder of GoDaddy. In a nutshell, folks "in the know" can register domain names (by paying their fee), sit on them for 5 days (earning search engine affiliate revenue all the while), then cancel the registration and get their money back. Then they do it all over again.

This is due to a loophole in ICANN policy meant to allow registrars to correct mistaken registrations, but it has gotten out of hand. Take a look at Bob's article, and if you know anything more, please post a comment here (or there) to keep this conversation going.

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