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Epik had worst month ever in April

Kevin Murphy, August 8, 2023, 16:53:44 (UTC), Domain Registrars

The fallout from Epik’s financial mismanagement scandal continued to wreak havoc on the company’s registration numbers in April, the latest ICANN registry transaction reports show.

The company had its worse month ever for transfers, with 34,698 domains being moved to rival registrars and only 206 being transferred in.

Epik sold just 411 gTLD domains in April — its worst month for adds in over a decade — having regularly added five figures worth in pre-scandal months.

The registrar’s domains under management number for all gTLDs was 557,652 at the end of the month, down 50,239 compared to the end of March and down 234,902 compared to September, when the scandal began to emerge.

For context, April was the month when news of a customer lawsuit (now settled) seeking $300,000 redress over a botched domain sale first emerged and stories of Epik’s woes started receiving broader attention.

Epik now has a new owner and is awaiting ICANN approval to transfer its accreditation.

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