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Registering a domain by itself isn't a trademark or anything of the like, it is legally akin to a phone number or street address at best.
There is no legal basis that I am aware of that would allow someone to force you to hand over domains because they happen to own the .com - unless they have taken the steps to create a trademarked term out of the name... and even then, they would have to provide the proof.
Also, if they had a valid copyright / trademark issue, they could just do a domain dispute and there you go.
Sounds entirely like bullying bullshit to me.
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