Reglikedomain industry desk

Sex.com in $11.4M scuffle

As stated by an article in the Philadelphia Inquirer, a lawsuit was filed by a firm that stated it agreed to purchase Sex.com for $11.4M. As stated by 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, regarding 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, counting whether the owner actually agreed to sell. I’m sure more regarding this will come out in the coming days.

You may recall that Sex.com was a disputed name for many years following 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.

Also on the wire

Other reporting from the domain desk.

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