It's called a vampire squid because not enough people have heard of Cthulhu

[nancylebov]

http://tolweb.org/tree?group=Vampyroteuthis_infernalis&contgroup=Octopodiformes

It swims surprisingly fast for a gelatinous animal. And it's the ugliest non-parasite I've ever seen. Oh readers, you may view this as a challenge. Since I've already seen the world's ugliest dog, let's go for ugliest species rather than ugliest individual.

Link found by dglenn.