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rshnotsecure | 4 years ago

Kevin Ham is a name I haven't heard in a while. It is my opinion, after talking to law enforcement, people in Washington DC, and being brought in for various cyberinvestigations that ICANN has turned into (and one could say against their will) Organized Crime.

How so?

Domain names, especially pre-Bitcoin, were/are a fantastic way to launder money.

It costs $4,000 to set up an ICANN registrar. If I buy 1 million domain names from myself from Country X at $12, and the Registrar is located in Country Y, I have just moved $12 million without filing a single SAR. This is a very attractive way to bypass numerous financial safeguards put in place.

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