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- Company JFXD TRX ACQ LLC is seeking a preliminary injunction to obtain the domain name trx.com, claiming bad intent.
- Fitness Anywhere won a UDRP against trx.com, but it was later discovered that they did not actually own the TRX marks they relied on.
- JFXD argues that the current owner must have paid a high price for the domain due to the alleged fame of the TRX mark.
Company’s Attempt to Obtain trx.com Domain Name Raises Questions
JFXD TRX ACQ LLC has requested a preliminary injunction from a federal district court in Arizona to acquire the domain name trx.com. The company claims that paying a six-figure amount for a three-letter domain name suggests bad intent. The dispute originated when Fitness Anywhere won a UDRP against trx.com last year. However, it was later revealed that Fitness Anywhere did not actually own the TRX marks they relied on. The marks had been assigned to JFXD TRX ACQ LLC before the dispute. Fitness Anywhere filed for bankruptcy and transferred its US trademarks before filing the UDRP. JFXD is now seeking the preliminary injunction, despite never having used the domain. The company argues that the domain is currently held by a “Malaysia cyber-pirate” and accuses the defendant of admitting to cyber-piracy and purchasing the domain for investment purposes. JFXD also points out that the defendant paid 350% more than the estimated value of the domain, as per automated appraisals. The company further claims that the defendant’s acquisition of a single domain for a substantial amount raises suspicions, indicating potential cyber-piracy. The case is ongoing as discovery is yet to be secured.
Original Source: Domain Name Wire
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