Thursday March 18, 2010

Creditors Turned Off by Sex.com Auction

Look, I know some of these domain names go for big bucks and all but this is getting ridiculous. Endless lawsuits, lawyers, bankruptcy, creditors, equity holders and a one million dollar deposit just to bid in the auction? Wow.

An auction in New York of the hotly desired Sex.com Internet domain name scheduled for Thursday was halted at the last hour when creditors forced the previous owner into bankruptcy.

Comments