The last few pages have been very active with the RICO lawsuit, TRO filing, attempted asset transfer, ICANN breach, etc. It is worth reading those at least.
Quick overall summary -
1.) Rob Monster was suddenly replaced as Epik CEO on 9/2/2022. He has not been heard from publicly since.
2.) The new CEO Brian Royce is some domain noob. How he got this position is still not fully known.
3.) Epik is millions of dollars in debt to companies and customers.
4.) They have screwed customers over via their unlicensed "escrow" and other services.
5.) Masterbucks has no cash value, as it can't be withdrawn. Epik has been keeping the actual currency and sticking customers with this worthless fake currency.
6.) Epik,
@Rob Monster, and Brian Royce are facing a RICO lawsuit alleging -
"This lawsuit is about a widespread and illegal fraudulent scheme—replete with misrepresentations, embezzlement, and misappropriation"
It alleges that Epik/Rob took a $327,000 "escrow" payment for the domain Nourish.com in May 2022. They never delivered the domain, or a refund.
https://onlinedomain.com/2023/04/05/domain-name-news/a-lawsuit-was-filed-against-epik/
Also, to make it clear in the RICO lawsuit Epik has already admitted in their response -
- Epik Escrow received a $327,000 escrow payment (May 2022) from the buyer.
- The domain transfer did not happen.
- The money was not refunded.
- They still owe the buyer a refund (a year later).
There are other victims of this "escrow" scam as well -
https://domainnamewire.com/2022/12/05/an-epik-victim-tells-her-story/
7.) At this point Epik can't even carry out the basic functions of a registrar. There are many reports of Epik not being able to process registrations and renewals in a timely manner, if at all. There are reports of people paying for renewals, then the domains expiring.
8.) They have sold off many of their assets including large domain portfolios, the other forum, etc. Most of their employees have been terminated.
9.) Current CEO Brian Royce and current Chairman and majority shareholder Rob Monster are basically at war with each other. During this entire time Rob Monster has still been the Chairman and majority shareholder.
Epik is basically not even able to carry out the basic functions of a registrar.
Brad