It seems there is another form of extortion over domains that is about to take hold.
The intellectual property guys at law firm Allens had this to say, in part:
Makes you wonder whether ICANN have/will approve any other domains that are open to abuse like say ".killsyouslowly", ".arefuckheads", ".wantsyourmoney" or maybe ".dontcare"...The .sucks gTLD is one that will impact brand owners universally, and the rapid rate at which sunrise registration numbers are rising (notwithstanding exorbitant fees) demonstrates the desire of brand owners to register their names in the space.
Registrations in the .sucks domain string are now available to brand owners at a premium price of $2499. From 1 July 2015 the .sucks string will be open for general availability, which will see standard registrations available at a much more reasonable price point, although it is unlikely that brand-related registrations will drop in price at that stage. The real danger arises from 1 September 2015 when individuals will be able to register any name within the .sucks string for as little as $9.95...