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The guy in the article is actually a friend of mine. As soon as I read the article I called him up and got the full story. Essentially someone posted a whole bunch of MySpace Log-ins to a security mailing list. His site indexes theses posts and puts them on his site, which is very popular and great reading if you need to keep up to date on cutting edge security news.
Any way MySpace got wind called GoDaddy. GoDaddy immediately pulled the plug on the domain. GoDaddy told the news that they called the owner of the site and gave him an hour to respond. This was not true. The time stamp on the GoDaddy voice mail and the time to when they disabled his account was 58 Seconds not minutes.
Long story short GoDaddy assumes guilt and administers punishment until proven innocent.
It's true GoDaddy is a stable registrar and I've done business with them in the past. People who get scammed out of their domain names rarely tell the whole story and have most likely fallen prey to scammers, phishing schemes, or do something stupid like use the same login and password for every site that is easily guessable.
Granted, I moved all my stuff from GoDaddy to The Planet because it's cheaper and they are just as reliable.
-A
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