Comments on: Sedo should learn from the TSA and restrict high-risk domainers from bidding http://acro.net/blog/domains/sedo-should-learn-from-the-tsa-and-restrict-high-risk-domainers-from-bidding/ Thu, 17 May 2012 20:27:55 -0400 hourly 1 http://wordpress.org/?v=3.3.2 By: Shiphouse http://acro.net/blog/domains/sedo-should-learn-from-the-tsa-and-restrict-high-risk-domainers-from-bidding/comment-page-1/#comment-9270 Shiphouse Wed, 06 Jan 2010 18:01:49 +0000 http://acro.net/blog/?p=275#comment-9270 I also could not agree more. However, until the domain industry becomes more regulated this will be a reoccuring problem. Obvioulsy register's are not forced or required to follow anti-money laundering rules pursuant to the patriot act otherwise a check against OFAC would be done on all bidder's/sellers (www.treas.gov/ofac)which would preclude many of these "high-risk" individuals. Overall I guess you have to take the good with the bad, less regulation equals more opportunity, however, it also means more fraud. I also could not agree more. However, until the domain industry becomes more regulated this will be a reoccuring problem. Obvioulsy register’s are not forced or required to follow anti-money laundering rules pursuant to the patriot act otherwise a check against OFAC would be done on all bidder’s/sellers (www.treas.gov/ofac)which would preclude many of these “high-risk”
individuals.

Overall I guess you have to take the good with the bad, less regulation equals more opportunity, however, it also means more fraud.

]]> By: Jake http://acro.net/blog/domains/sedo-should-learn-from-the-tsa-and-restrict-high-risk-domainers-from-bidding/comment-page-1/#comment-9244 Jake Tue, 05 Jan 2010 22:17:18 +0000 http://acro.net/blog/?p=275#comment-9244 I can't help but agree. I'm sure some wouldn't be happy with extra checks against them, but it's worth the hassle for everyone. I can’t help but agree.

I’m sure some wouldn’t be happy with extra checks against them, but it’s worth the hassle for everyone.

]]> By: Jeff Manes http://acro.net/blog/domains/sedo-should-learn-from-the-tsa-and-restrict-high-risk-domainers-from-bidding/comment-page-1/#comment-9220 Jeff Manes Tue, 05 Jan 2010 05:55:13 +0000 http://acro.net/blog/?p=275#comment-9220 I could not agree with you more. I would like to see Sedo secure a payment method by credit card or a deposit into escrow from bidders from high fraud countries and new bidders with an unestablished track record. I could not agree with you more. I would like to see Sedo secure a payment method by credit card or a deposit into escrow from bidders from high fraud countries and new bidders with an unestablished track record.

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