[icann.org...]
Apparently being convicted of credit card fraud, money laundering and document forgery is a bad thing in the domain registrar community.
Will people who registered through EstDomains be able to transfer their domains to another registrar other than the one ICANN selects?
YES, Why not? Once a customer knows that EstDomains is no more a domain registrar, they have ample time to transfer to another registrar.
I wonder why a company should suffer if its president has done something wrong? In economics we studied that a company itself is an entity.
I wonder why a company should suffer if its president has done something wrong? In economics we studied that a company itself is an entity.
It's part of the contract between the company (the registrar) and ICANN.
The text of the letter by ICANN also seems to indicate that having the convicted person removed from office would have solved the problem.
Do you really want to buy your domainames from somebody who's convicted of financial fraud?
Remember some domainnames are worth a *lot* of money ...
[icann.org...]
while they assess EstDomains' response.
the concern now is ICANN will select a registrar who charges rates that are too high.
A lot of domains they hosted appear to be very dodgy - that's one of the reasons why they get shut down. Which registar would want to take on this kind of user-base? Plenty of innocents are sure there as it usually happens, but some of the registars might think that getting their hands on this kind of userbase might be seriously detrimental to their reputation.