This is not blackmail. Blackmail is when the villain demands money to refrain from releasing injurious or compromising injurious information.<p>This is better described as stealing and ransoming the domain name. If it becomes popular, then perhaps we can coin the term "namenapping".<p>But it isn't blackmail. (Well… arguably the revelation that they use GoDaddy as their registrar is pretty embarassing, but that was public information already.)