Judge returns Registerfly control to con artist
Registerflies is reporting that the judge in the Registerfly case is returning control over to alleged con artist Kevin Medina. ICANN has suspended deletions for .org’s and is attempted to do the same for .com’s and .net’s. The sky isn’t falling — it has fallen. Game over.
I’m hearing recommendations that users log into their Registerfly accounts and delete all credit card information. With the allegations flying, this guy is basically a criminal who is going to be facing prison time anyways. Registerflies.com reports Registerfly is recieving a 55%+ chargeback rate. If true, they will be toast very soon, if not within days. Of course that doesn’t really matter since Registerfly is about to get the boot from ICANN.
I still have a handful of valuable domain names which I have been unable to extract from Registerfly. The best stuff is out, so we’ll just see what happens. The good news is my personal damages should remain under $10,000 from this disaster.
In some ways it feels like I have moved to a country where property rights are not respected. Those in power can do whatever they want and there isn’t much recourse. Perhaps some of that will start to change now.
I have also been surprised at how slowly people have reacted to the news about RF. People were still selling websites registered at RF a couple of days ago.
Comment by Paul — March 9, 2007 @ 8:25 am