Sex.com Case Finally 'Over'
Spad writes "The Register is reporting that Stephen Michael Cohen has, unsurprisingly, lost his appeal against the $65m in costs awarded to Gary Kremen for defrauding him out of the sex.com domain name almost 6 years ago. However, Cohen is currently a fugitive from justice in Mexico, with his assets in various offshore accounts, making it very difficult for Mr Kremen to claim his money. Kremen is now pursuing a $100m suit against VeriSign for signing over the domain in the first place, which he is expected to win." See our previous story for more background.
If they do loose this one others will follow. I read recently they let Al Jazerra's domain go to a US citizen using a forged fax.
The core of Verisign's defence seems to be that domain names are not property rights. From the BBC article on the same ruling:
Two questions: what excatly am I buying when I buy a domain name from Verisign and why do "legal experts" think they'll loose that battle -- presumably they have an extensive user agreement that clears them of responsibility for all and any wrongdoings?
Confused.
Hi!
They aren't guilty of theft like Steven Michael Cohen. Verisign is guilty of not protecting the domain name which in this case is very valuable property.
This is like a bank giving away the money of a customer to someone who fraudulently obtains access to their account.
Just by the premise that Verisign accepts people's money to protect and secure a domain name is proof in itself that domains are valuable. If they weren't valuable companies and individuals wouldn't be paying hard, cold cash to assure that the domain doesn't slip away from them.
Verisign would be better off compensating Mr. Kremen than sending a message to all their customers that they are not trustworthy.
Harpo Tunnel Syndrome--my wrist feels funny.
So when do y'all think the .sex TLD will come out? Or would that make sex sites too easy to censor? Or is that a good thing for the pr0n business, being easy to block by parental units, avoiding costly court cases?
.sex top level domain, in my opinion.
sex.com would be such a moot issue if there was a
Chris