Anyone have a QRD of this guy's behavior and relation to that community? I've never heard of u-boot, and this is a little vague in some places.

am I missing something or is the PLC is a bit delusional to think they have right to the ownership of the u-boot.org domain?

He "owns" it, and clearly does not want to hand it over. I paraphrase but he's not "holding the domain hostage" if he pays for it. Sounds like they are forcing him to hand it over lol.