According to an article in the Philadelphia Inquirer, a lawsuit was filed by a company that said it agreed to purchase Sex.com for $11.4M. According to the lawsuit, they paid a $500,000 deposit and then the deal fell through. Apparently the deal was being completed through a broker that allegedly made “repeated untruths regarding the domain name Sex.Com, about other competing offers for the domain name Sex.Com, and various other material and relevant exaggerations and untruths.” The whole thing seems hairy to me, including whether the owner actually agreed to sell. I’m sure more about this will come out in the coming days.
You may recall that Sex.com was a disputed name for many years after a conman bilked Network Solutions into transferring the name to him. The rightful owner of the domain won a $65M settlement against the conman. Last I heard the conman skipped the States and hasn’t paid a dime.
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