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Apparently it's a problem others have. I saw a complaint earlier this week -

Thanks for clarifying.

If true, that's a HUGE scumbag move.

It used to be godaddy was notorious for it. It’s called Frontrunning. I personally stopped using them because they were so obnoxious about it. [https://capitalandgrowth.org/answers/3972963/Does-GoDaddy-bu...]

Seems like it’s getting popular again, and I’m very disappointed that Namecheap seems to be doing it too.