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I bought a domain name, bank want it back, what I do?

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Junior Member
I registered a domain name several days ago. But I got a call from its previously owner, a parent company of a western bank Pueto Rico. They told me it was mistake that they losted it because forgot to renew it. They offer a small amount to get it back and warning me better accept their offer. They said wholding.com is their registered trade mark or whatever. If they go through legal process to get it back, they probably not paying anything.

Can they do that? I got this domain by backordered it from a large domain registrar. Since the domain was dropped on Jan 21st. The backorder process is industry standard process.

Can they really get it back from me through legal process?
Any advice will be appriciated.

Joe (in California)

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