TLDs are sort of names.... (Score 1)

a TLD is sort of like a way to identify an address. For example, you'd never say "I'm going to go to 4202 E Fowler Avenue", you'd say "I'm going to go to the University of South Florida". In the same way, you rarely browse the internet by typing in an IP address, you use a domain name. So essentially all they'd be doing is confiscating a nickname while I really think they want to confiscate the actual property (the IP address, and subsequently the servers).