Appeals court upholds Sex.com ruling
Friday, April 1st, 2005
As a reminder that domain name hijacking was alive and well even before ICANN’s recent policy changes, a federal appeals court last week rejected Steven Cohen’s appeal last week that he pay businessman Gary Kremen $65M for stealing the domain name sex.com in 1995. Cohen skipped the company shortly after the original ruling in 2001 and hasn’t paid Kremen one cent. However, Kremen did snag a mansion owned by Cohen and received a settlement from Network Solutions. Kremen reportedly now makes $8M a year from the sex.com domain name.
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