ENS LABS RESOLVES ETH[DOT]LINK DISPUTE WITH $300,000 SETTLEMENT

- After 18 months of legal wrangling, ENS Labs secures #DAO approval to settle with Manifold Finance for $300,000, ending the eth[dot]link domain dispute.

- A decisive ENS DAO vote on Feb. 26 sees an overwhelming 88% in favor of the $300,000 settlement and 84% approving the reimbursement of $750,000 for ENS Labs' legal costs.

- The $750,000 in legal expenses incurred during the prolonged dispute between ENS Labs, Manifold Finance, and domain registrars GoDaddy and Dynadot.

- A legal dispute arose when early contributor Virgil Griffith could not renew the eth[dot]link domain when it expired in July 2022.

- Manifold Finance seized the opportunity to acquire the domain at auction on Dynadot in September 2022 after GoDaddy allowed it to expire.

Image: Forkast News

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