If you care about your industry and your livelihood and not getting it up the butt, you will retweet this. You will retweet this! That is my ask and I don’t ask much, I try to give much!!
Open Letter to Dynadot Leadership
(By Rick Schwartz, The Domain King 👑)
To the executives at
@Dynadot
You’ve now had over 36 hours to respond.
You’ve watched this issue spread across the entire industry.
You’ve seen the outrage, the proof, and the damage.
And you’ve chosen silence.
That silence is no longer neutral it’s an admission.
Your current policy lets fraudulent bidders distort auctions,
inflate prices, default without consequence, and then forces the legitimate bidder to pay the inflated amount while
@Dynadot keeps the defaulter’s deposit.
You profit twice from the same fraud.
No serious marketplace can call that “policy.”
Here’s what needs to happen, NOW:
1. Publicly acknowledge that the current process is broken.
2. Refund or credit every bidder affected by inflated phantom bids.
3. Immediately change the policy so that defaulted auctions are
offered directly to the next legitimate bidder not re-auctioned.
4. Appoint an independent audit to restore trust.
You could have fixed this quietly.
You could have stood for transparency.
Instead, you stood for profit.
The domain community is united now, and we’re not going back to sleep.
We built this industry not you.
The longer you wait, the louder this gets.
Fix it, before you lose the trust you’ll never buy back.
Rick Schwartz
The Domain King®
#Dynadot #AuctionFraud #DomainNames #Transparency #Accountability