Verisign Unhappy With Operator of .XYZ, Sues For Misrepresentation

dotXYZ logoVerisign is suing the operator of the .xyz gTLD and its CEO Daniel Negari, the largest of any of the new gTLDs, for “for disparaging .com and allegedly misrepresenting how well .xyz is doing,” according to Domain Incite.

The .xyz gTLD currently has 799,000 of the 4.5 million registrations across all the new gTLDs making it the largest. However probably 300,000 to 350,000 of these have been given away, but it would still be the largest of any new gTLDs without these registrations.

“The lawsuit focuses on some registrars’ habit of giving .xyz names to registrants of .com and other domains without their consent, enabling XYZ.com and Negari to use inflated numbers as a marketing tool,” the Domain Incite report notes.

Verisign’s complaint is with a video available here and published on the front page of xyz.com.

For more information, see the Domain Incite report at:
domainincite.com/18023-verisign-sues-xyz-and-negari-for-false-advertising