Feeds

Man charged in $111k domain name theft

eBayed to basketball pro

Security for virtualized datacentres

A New Jersey man has been charged with stealing the p2p.com domain name and selling it to a professional basketball player for more than $111,000 in the first US indictment for domain name theft.

In May 2006, Daniel Goncalves, now 25, of Union City, illegally accessed accounts of domain name registrar GoDaddy "for the purpose of altering registration information for 'p2p.com,' to fraudulently transfer registration of 'p2p.com from its lawful registrant," according to the indictment, which was filed by the New Jersey Attorney General's office.

Once in possession of the domain name, Goncalves allegedly auctioned it on eBay, where it was purchased for $111,211.11 by Mark Madsen, a basketball player for the Minnesota Timberwolves, who was unaware of the theft allegations. P2p.com was the name of a business owned by three entrepreneurs, who maintain that the domain name was worth from $160,000 to $200,000 because of its short length and topical relation to peer-to-peer file sharing.

The case is a throwback to earlier days when domain names such as business.com and sex.com regularly fetched seven-figure prices. The most famous of those cases is the saga of sex.com, which was registered by Match.com founder Gary Kremen and later transferred to Stephen M Cohen. Following lengthy court proceedings, Kremen regained control of the name.

In the process, the US Court of Appeals for the Ninth Circuit ruled that domain name owners hold property rights.

The Attorney General's filing isn't clear about how Goncalves breached the GoDaddy account, but documents filed in US District Court in Newark in a private lawsuit may provide a clue. They claim Goncalves and a brother "developed a specialty hacking into AOL accounts and stealing user screen names" and "regularly participated in efforts to crack open the AOL accounts of others". ®

Secure remote control for conventional and virtual desktops

Whitepapers

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.
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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.