Comment by toyg

The .io/.sh/.ac TLDs were effectively invented and run by a British guy; he states some of the resulting profits were shared back with the UK government, which controls those territories, to benefit the inhabitants of such territories; the UK government denies this ever happened. The reality is likely that those people were effectively stripped of their rightful "internet property", in a way not dissimilar from old colonial exploitation.

To be honest, if .io is not handed back to the Chagossian, it would be better to shut it down and turn the page on a pretty shameful page of internet history.