Yeah, not too far off from buying a real domain and squatting on it, and people still do that. It's a tough situation. On one hand, I'm all for the early adopters who take risks and are rewarded for it. On the other hand I'm like, "Really? Did you actually provide value to anyone or are you more like an ambulance chasing lawyer trying to make a quick buck?" I don't know that regulations are needed other than social shaming maybe? So far, it seems, it hasn't yet been a big problem here. Maybe in the future, when the stakes are higher, it will be. Maybe by the we'll have some version of ICANN running on EOS to manage disputes for us. :)