Domain Name Thieves Need Our Help

…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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