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February 21, 2018, 08:26:14 PM |
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Sadly too, there might be a problem with this.
It is risky. You can recover the account by going through the domain registrar's domain recovery procedure (if such a procedure exists and I'm just being imaginative, to be on the safe side).
While writing this thread, I just googled how it works and I see recovery is a challenging piece of work but it's not impossible. One domain provider mentions this:
You will need to provide documentation to registrars or dispute resolution service provider that proves an association existed between you, the complainant (the one who has legitimately registered the domain name) and the hijacked domain name or account, prior to the incident.
The reversal or "chargeback" process might not be easy, give this:
Domain hijacking, theft, or registration account attacks typically result in one of two types of consequences: (1) the attacker changes DNS configuration, so that name resolution for the domain is performed by a name server not operated by (or for) the victim, or (2) the attacker alters registration contact information and effectively takes control of any domains registered under the compromised account.
In cases where the attackers want to keep the name, domain thieves may alter the registration data (WHOIS) associated with a domain name, because this is the immediate, most accessible "proof." They may alter payment information. They may transfer the domain name to a new registrar: the new registrar will have information about its customer, but may not have any registration activity history. Any of these factors can make the recovery process long and trying.
but it's essentially similar to the challenges faced by chargebackers or PayPal disputers. Essentially and effectively, it is possible to severe that link of transfer from one owner to another by disputing the domain's sale or transfer.
If however you genuinely intend to sell and you intend to do none of the above, then don't be taken aback by this post. It's merely meant to look into the pros and cons, the risks and dangers of entering into reversible transactions. Nothing against you personally.
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