Thank God that ICANN finally took notice of Registerfly. This has pushed the story to the front pages of many web sites, and perhaps sometime soon, newspapers and other print publications.

Its no secret, the domain industry is relatively free from regulation. This is not a bad thing. The last thing we as internet entrepreneurs need is licences to own domain names. Unfortunately this has left the doors wide open for domain name exploitation and theft.

I sincerely hope that this results in lawsuits against not only Registerfly but also other domain registrars involved in questionable practices. Domain names are property. Registrars should be held to strict standards and not simply be farms to harvest their customer’s assets.

Well before Registerfly was given the boot by Enom I sent out e-mail alerts that Registerfly was approaching critical mass as a historical disaster. I got minimal response. This story still deserves a serious journalistic investigation. Me, I am just a business developer and casual blogger. I can only point you in the right direction. Make no mistake, big changes are underway because money does talk.