This is not a problem, in this case, and it is not related with geolocation. (you can change ownership and not location
Nobody forgets to do so, IP geolocation providers use different methods to keep their databases up to date.
This case seems weird for us because we have many accounts and this is the only so far to have this “issue”, so we were more worried about JV doing something wrong than the real geolocation.
It is important to remember that IP geolocation does not change very often, in most of the cases they never change, probably only if the datacenter is moved to other location and/or if we talk about IP/blocks that anyone can buy, those change more often.
But do not expect database update every minute:
The GeoIP2 Anonymous IP database is updated daily.
The GeoIP2 Country, City, ISP, Connection Type, and Enterprise databases are updated weekly, every Tuesday.