On 3 Sep 2021, at 1:12 AM, [email protected]<mailto:[email protected]> 
wrote:
...
No one is claiming anything here, everyone is paying a fair market price for
what they are using in a scare market. Owning an asset does not constitute a
crime.

Being allocated IP addresses from a RIR does not constitute ownership of an 
asset, under any circumstances.

Scott –

For purposes of consideration of the nature of IP address blocks in the ARIN 
region, it is worth noting the following –

1.  The rights provided to parties upon issuance of an IP address block from 
the ARIN registry can indeed be consider an “asset” of their estate,
2.  Those rights are not "freely held", but are intimately tied to 
corresponding obligations in the implied or explicit agreement that was made 
for their issuance.
3.  Courts (probate, bankruptcy, civil,...) may order disposition of such 
assets – ARIN routinely gets involved in such matters, and explains to the 
parties & courts the various requirements necessary for transfer in compliance 
with our policies.
4.  We have many cases where such transfers have occurred, and have never had 
to update ARIN’s database without adherence to our policies and entry into an 
RSA by the recipient.

I will also observe by "being issued an IP address block”, the set of rights 
received by a party is a _limited_ set of rights to the registration entry in 
the registry database.   There are other rights (e.g. the right to the 
determine the format and fields of the entire entry - e.g. when we add an abuse 
contact), the right to require certain portions be published publicly, etc. – 
these rights are held and administered by ARIN on behalf of the community.

What does this have to do with policy?   The community can determine the 
policies that apply to resource holders, such as when and how they may be 
subdivided/leased/etc. The community can decide what reporting obligations are 
associated with the number resources.  ARIN will enforce clear policy developed 
by the community in this regard, but otherwise will simply strive to maintain a 
stable & secure registry (in order to support stable & secure Internet 
operations.)

To the extent that people have specific policy proposals, please submit them 
per the following process – 
https://www.arin.net/participate/policy/pdp/appendix_b/

Thanks!
/John

John Curran
President and CEO
American Registry for Internet Numbers


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