I think it's more of a red flag that they chose a name that's one letter away from a well-known site that sells music samples: https://www.loopmasters.com/

Not like a fringe unknown one, but one with over 20 years of history and now-owned by Beatport.

meh, if they were that worried about their brand, they should have bought up the variants of their domain plus TLDs. otherwise, they can't possibly be that concerned about their trademark.