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!