Edu.Loan – Clawed back domain.
Six months after its registration, the domain Edu.Loan has been clawed back by the dot .Loan registry.
Citing a “mistake,” the Registrar, AlpNames, notified the domain’s owner that the domain will have to be returned and his $15 dollars was refunded.
The notification was shared on NamePros, as follows:
“We have been notified by the operator of the .LOAN registry that certain domain name(s) registered to you are restricted by ICANN and that they were mistakenly made available for registration by the registry. As these domain names are restricted for regulatory reasons, the registry regrettably requires that we delete these registrations in the next 24 to 48 hours.”
Such domain claw-backs occur when there is a glitch in the Registry operator’s software, releasing domains that are reserved, or even forbidden per ICANN rules.
In a famous case, Credit.Club was mistakenly released for a few hours, and domain investor Bruce Marler registered it; the dot .Club Registry allowed the registration to be validated.
Despite the wrath that AlpNames received in the case of Edu.Loan, they simply acted upon the orders of the dot .Loan Registry.
“We have received a contractual compliance request from the registry and we have complied. We have put the former registrant in touch with the registry so that he may continue the conversation directly, should he wish to do so.”
Whether it’s a mistake, a glitch or an error by the Registry operator, the time frame that such domain claw-backs occur should be limited to a few days – not six months!
What if the domain registrant had spent a sizable amount of money to build a brand, or had resold it to another party?
More New Gtld credibility lost ……….ho hum
Dn Ebook – I think that’s not fair to say, there are a handful of incidents in 28+ million registrations; the fault is the Registry’s.
This would not have happened with a .com, cheers
Dn Ebook – That’s like saying you can’t get listeria from popcorn, unlike with raw chicken.