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After OnlineNIC refused to show up at the legal proceedings that resulted in the largest cybersquatting decision in history, I speculated that their decision to ignore the federal lawsuit may have been based on not having any U.S. presence.
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.
With the recent demise of ESTDomains due to alleged sketchy behavior, where are all the spammers going? They seem to be headed for OnlineNIC because they are the friendliest registrar to phishers and spam.
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