Feeds

Sex.com owner wins $65m damages

That's a lot of burritos...

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

A Californian e-entrepreneur has won $65 million in damages over a stolen domain name.

US District Judge James Ware awarded Gary Kremen $40 million in lost revenue and $25 million in damages for the URL sex.com, one of the most popular destinations on the Net.

The decision ended a five-year saga over the domain, which was stolen from Kremen by Stephen Cohen.

Kremen originally registered sex.com in 1994, but did not develop a site to accompany it - a year later Cohen was able to acquire it after forging domain name registrar documents.

He then used it to run a porn site, which generated up to 25 million hits per day.

In November Judge Ware ruled Cohen had nicked the domain and ordered him to return it to Kremen.

But Kremen may have a hard time getting his hands on the $65 million payout as Cohen has gone AWOL. He did not turn up for court dates and is believed to be hiding in Mexico, with cash from the business resting in offshore bank accounts. There is a warrant out for his arrest should he return to the US.

Cohen reportedly netted up to $60,000 a month from banner ads when he was running the sex.com porn site. ®

Related Story

Sex.com changes hands

Intelligent flash storage arrays

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.