The entity responsible for overseeing the Internet’s domain name system said Tuesday that it was revoking the right of registrar EstDomains.com to process new domain names, citing the company CEO’s recent conviction on cyber crime charges. The move by the Internet Corporation for Assigned Names and Numbers (ICANN), comes less than two months after Security Fix published a report translated from Estonian into English showing that EstDomains CEO Vladimir Tsastsin (pictured at right) was convicted in February of credit card fraud, document forgery and other cyber crime charges — and that EstDomains was a haven for cyber criminals who wanted to register Web sites that supported a range of criminal activity. Apparently, a section of the legal contracts that all registrars must sign with ICANN states: “Thou Shalt Not Have a Cyber Crook As Your CEO.” Okay, it doesn’t quite say it like that. Here’s what ICANN did say, in