GoDaddy sued over sale of Vital Ethereum DNS address

On Monday, the company behind the Ethereum Domain Name Service (DNS) sued GoDaddy over the sale of the domain name that was vital to running Ethereum DNS. The aforementioned company, True Names Ltd, is responsible for all web addresses ending in “.eth” that are used by the Ethereum community.

The complaint was filed in the United States District Court for the District of Arizona by True Names Ltd. and argued that the registration should expire on July 26, 2023. However, in August GoDaddy falsely claimed that it expired on July 26, 2022 itself.

Additionally, GoDaddy reportedly said the domain name would be available for redemption again on September 5, 2022, but it apparently sold to a third party, crypto startup Manifold Finance, on September 3.

According to the filing, in doing so, GoDaddy “deprived plaintiff True Names Ltd. of his livelihood.

Therefore, the sale will disable a vital cryptonet and “recklessly risk making it accessible to dozens of malicious actors,” according to the complaint.

Usually, domain registration renewals are a simple and easy task. However, in this particular case, the person who has the authority to renew the registration for, Virgil Griffith, is currently is serving a 63 month prison sentence for violating US economic sanctions against North Korea.

Plaintiffs, True Names and Griffith seek compensation of at least $75,000 excluding court costs.

Plaintiffs also seek a “temporary restraining order against defendants GoDaddy, Inc., LLC, and any employees or entities that directly or indirectly allowed to expire and be available for purchase by third parties.” .

Currently, the The landing page displays a message from the new owner, Manifold Finance, which states that “services will be restored in the coming week.” Apparently Domain Name Wire reported that Manifold paid $851,919.30 for the

For the uninitiated, ensures that users can easily access .eth addresses. Generally, it is easy for MetaMask and other Web3 browsers to access .eth sites, but traditional browsers cannot and this is made possible by which acts as a bridge.

Read also : Second largest recorded sale for the ENS domain

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