Edited sentence: A cybersquatter may use automated software tools to register the lapsed name the instant it is lapsed.An example of a lapsed domain name cybersquat is as follows: Artist Charles von Herrlich of Greenwich Village used to own domain name , as shown by the Wayback Machine.Another strategy is as follows: Internet domain name registrations are for a fixed period of time.At this point the registration is called lapsed.Cybersquatters sometimes register variants of popular trademarked names, a practice known as typosquatting.If the owner of a domain name doesn't re-register the name with an internet registrar prior to expiry, then the domain name can be purchased by anybody else after it expires.Name Thread Corporation is an accredited domain name registrar, which means that it can be a cybersquatter of  indefinitely and at no cost to itself.. Without being an accredited registrar, the lapsed lurker strategy would probably not be profitable.The name lapsed and Name Thread Corporation at 15801 NE 24th St.This strategy is one of a family of identity theft schemes including renewal snatching, extension exaggeration and alert angling.in Bellevue, Washington purchased the name for resale, forcing the artist to choose the new domain name