BlackRock filed a legal complaint in the United States District Court for the Eastern District of Virginia against the owners of 44 internet domain names containing keywords such as “Blackrock,” “Aladdin,” “capital,” “crypto” and “investments.”
The asset manager alleges the domains were registered in bad faith to profit from consumer confusion and divert traffic through tactics like pay-per-click ads, malware and email phishing attacks.
The firm’s lawyers from Wiley Rein LLP cited studies that have “shown that over 95% of the 500 most popular sites on the Internet are the subject of ‘typosquatting.’” This is a practice where a domain is registered, representing a typographical error of the legitimate site.
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The asset manager alleges the domains were registered in bad faith to profit from consumer confusion and divert traffic through tactics like pay-per-click ads, malware and email phishing attacks.
The firm’s lawyers from Wiley Rein LLP cited studies that have “shown that over 95% of the 500 most popular sites on the Internet are the subject of ‘typosquatting.’” This is a practice where a domain is registered, representing a typographical error of the legitimate site.
read more