Temporary restraining order puts sale on hold.
U.S. District Judge John Tuchi has issued a temporary restraining order (pdf) halting the sale of eth.link.
As Domain Name Wire first reported on September 7, Ethereum Name Service and former eth.link registrant Virgil Griffith sued GoDaddy and Dynadot to halt the expiration and sale of the domain name. The domain name went through pre-drop expiration cycle and Dynadot auctioned it for $852,000.
Tuchi ordered the domain name to be transferred back to Griffith for now. He had given GoDaddy and Dynadot just one day to respond, and neither did.
However, this is just a temporary restraining order and is hardly the final say on the matter. Tuchi wrote:
In this instance, the parties provided no briefing on the amount of surety bond that would be proper; indeed, Defendants provided no briefing whatsoever. The Court declines to set the preliminary injunction surety bond amount at zero, because Defendants may incur damages upon an ultimate determination that they were entitled to allow Plaintiffs’ registration in the Domain to expire and/or sell or transfer ownership in the Domain. See Jorgensen, 320 F.3d at 919. The Court in its discretion will set the surety bond amount at $10,000.
In other words, the current action is to prevent the domain from slipping away while the matter is litigated.
It will be interesting to see what GoDaddy and Dynadot decide to do. There is some confusion about expiration timelines in the Plaintiff’s filings. But it’s also not yet clear what actions GoDaddy took around the domain name when it expired.
Post link: Judge halts sale of eth.link domain name
© DomainNameWire.com 2022. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.
Go to Source
Author: Andrew Allemann