Investment giant BlackRock has called for cracking down on a range of potentially fraudulent domains and "misplanted" websites that are allegedly exploiting its name, Golden Finance reported. On October 10, BlackRock filed a lawsuit in the U.S. District Court for the Easter District of Virginia, accusing the owners of 44 Internet domains of containing keywords such as "Blackrock," "Aladdin," "capital," "crypto," and "investments."

The asset manager claims that the domains were registered maliciously in order to profit from consumer confusion and divert traffic through tactics such as pay-per-click ads, malware, and email phishing attacks.
Lawyers for the firm's Wiley Rein LLP cited research that "shows that more than 95 percent of the 500 most popular websites on the Internet are the subject of typosphing." This is the practice of registering a domain name that represents a typographical error on a legitimate website.
BlackRock alleges that the entities violated the Anti-Cybersquatting Consumer Protection Act because the registered domain names were confusingly similar to their own.