OnlineNIC is in trouble with Verizon resulting in the largest cybersquatting decision ever. According to a Verizon press release, the damages are $33.15 million because of 663 domain infringing names. The Chinese-based registrar did not participate in the federal court proceedings, resulting in a default ruling, perhaps due to the question of whether or not Verizon chose the proper venue to bring such a case. If OnlineNIC has no assets in the U.S. then they may have little to lose from a U.S. court.

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