As can be seen by a WIPO & NAF serach using DomainFight.net, cybersquatting .me domains was a popular pastime in 2008 including trademark protected domains owned by Porsche, Exxon Mobil, Blue Cross and Blue Shield, America Online, Mozilla Corporation and The Coca-Cola Company. This does not include the threat letters sent out by trademark holders, which in many instaces cause a behind the scenes and unreported transfer of domains.
As noted over at The Domains blog "Toyota.Me Sell for 90K: Why Shouldn’t a Registry Be Liable for Profiting From the Sale of Trademark Infringing Domains?" Each time a new domain extension is introduced, it simply creates a brand new platform for domain name cybersquatting. It is even worse when the Registry offering the domains thorough auction or otherwise end up reaping the initial financial rewards of obvious trademark infringement. Where is the accountability? Why hasn't ICANN done anythign to make registries and registrars more accountable for trademark issues?
In their comments to ICANN concerning the new domain extensions, The Domains blog makes an important point. If the number of domain extensions, gTLD’s, is greatly expanded, how will trademark holders, celbrities, famous people and others protect themselves from bad faith cybersquatting? See Open Letter To ICANN: Our Take On the New Domain Extensions