Snap Inc. is the owner of the highly popular SNAPCHAT smartphone application, launched in 2011. The Registrant has been involved in two previous domain name disputes with the Complainant. Previous panelists found the Registrant was offering counterfeit goods bearing the SNAPCHAT IP, and that the domain names were registered in bad faith.
The Panelist found that the Domain Names were registered in bad faith because the sites were redirecting to other sites competing with the Complainant's business, which creates a clear impression of causing confusion, disruption and hijacking of the Complainant's business.
You can read the decision here.