"was intended to prevent 'cybersquatting,' an expression that has come to mean the bad faith, abusive registration and use of the distinctive trademarks of others as Internet domain names, with the intent to profit from the goodwill associated with those trademarks."
Yung is a 33 year old man living in Brooklyn. As a former U.S. marine, he considers himself a 'domainer' described by the internetlibrary.com as
Domain name speculation is the practice of identifying and registering or acquiring Internet domain names with the intent of selling them later for a profit.
In 2011, the Trump Organization filed actions for Yung to hand over the websites to Trump but using the First Amendment rights, Yung has also a file complaing to keep the domain names. The 4 websites in the complaints were used to comment on Trump's popular tv shows like "The Apprentice" and "The Celebrity Apprentice". After reading a disclaimer on his site saying that the posted information was not approved by the Trump Organization, the websites were taken down.
Yung has also stated that he has never attempted to contact the Trump Organization to sell the websites for financial gain.
He describes that his hopes for the website were to educated Marines about opportunities avaiable on the Internet and also said
"Donald Trump is known worldwide to butcher the legal system with frivolous complaints as a vehicle to harass people," Yung wrote in the complaint.
Some Trump-related domain names that he has registered were trumpmumbai.com and trumpindia.com. These were registered in 2007 after Trump Organization announced plans to build their hotels and condos in Mumbai and Bangalore, India.
Currently, Yung holds nearly 200 domain names, some including very high profile brands like barclayscapitallehman.com, milanvogue.com goldmansachsgroup.com, and hulufriend.com. He has also acquired bofaml.com and mlbofa.com on the same day that Bank of America Corp. and Merill Lynch % Co., Inc. announed their merger.
What is your take on the current issue of so-called cybersquatting?
