ip addresses aren't owned, they're just leased from arin and companies have to pay yearly fees of thousands of dollars to keep using them. The legacy blocks we

ip addresses aren't owned, they're just leased from arin and companies have to pay yearly fees of thousands of dollars to keep using them. The legacy blocks were never owned by ARIN. It is unclear whether they have any right to claim anything over them. IANA may have rights to claim ownership, ARIN definitely does not. ARIN is merely one of five RIRs that ask for addresses from IANA.