This is too strange.

Some clever miscreant hacked GoDaddy, transferred the domain to a web registrar in Dubai, then demanded $2000 ransom from the domain’s owner to restore it.

The good news is that the domain is now back in the control of its rightful owner. Not sure if they had to dole out the money.

Methinks GoDaddy needs to bolster its security a bit, and revisit its policy of immediate domain transfers.