A reading of NANOG Mailing List will show that the vetting of the sale was undertaken and approved by ARIN. Specifically look at postings by John Curran, CEO of ARIN.
John, I'm well aware of the NANOG thread. In fact it was at John Curran's suggestion that I made a fraud report so that they could investigate. As far as I am aware, that investigation is ongoing.
ARDC is operating according to their bylaws and charter.
That may be. However there is a credible case to be made that they are in breach of their fiduciary duties with respect to 44/8. It is possible for them to remedy that and I gave one suggestion about how they might begin do so.
Best wishes, William VE3HW