Sex Sells
January 18th, 2006{XBiz – Sex.com Sold to Escom LLC For $14M} – “SAN FRANCISCO – The infamous and controversial domain Sex.com has officially been sold to Boston-based Escom LLC for a reported $14 million, XBiz has learned.”
See also : The Prisoner of Sex.com
Kremen won the house in a lawsuit over the domain name Sex.com. In November 2000, at the end of a three-year legal battle, a federal judge ruled that Stephen Cohen had stolen the domain by forging a letter from Kremen’s company to Network Solutions. Cohen was ordered to return Sex.com to Kremen and pay him $65 million in damages. (Cohen appealed, and in June of this year, the US Supreme Court declined to hear his case.) In the meantime, Cohen had fled the country, so all Kremen got as compensation was this California mansion and a derelict house on the US-Mexico border. Even so, Kremen figured he’d found his winning lottery ticket. Under Cohen, Sex.com had been taking in $500,000 a month selling banner ads to other online porn sites.
This is one of the longest and strangest stories of domain theft and just one of the earliest internet stories I remember. At least he’s getting $14mil out of the deal.