The domain was listed on Afternic and transferred (both without my authorization), despite domain lock, 2FA, and apparently useless "Ultimate Domain Protection" all enabled.
I can guarantee FAST TRANSFER lies at the root of some of these issues, one would have to be a moron to use fast transfer on a high end valuable domain.
I have been warning about fast transfer for quite a while and would never use it.
I can guarantee FAST TRANSFER lies at the root of some of these issues, one would have to be a moron to use fast transfer on a high end valuable domain.
That's the problem, the owner received a Fast Transfer email request and immediately reported it to GD, but it was still transferred a day or two later. No one authorized it and GD admitted the mistake. Ooops.
My big issue with FT is that no matter if you have it Locked at your account level and/or the registrar level, the FT doesn't care and overrides absolutely everything. It's absolute insanity and there is zero protection from having this happen to anyone.
I've always felt that Fast Transfer is some kind of bizarre wealth redistribution plan concocted by 3rd world criminals and globalists. Like the unchangeable $100K per day International Money Transfer limits at your bank.
If Canadians were allowed to disable International Money Transfers or lower their absurd daily limits ($50K to $100K depending on bank), 50% of international fraud against Canadians would just disappear. Makes you wonder why the banks won't let you do it. Hmmmm