domains 509.com buyer defends domain in lawsuit

[Lox]

The person who paid $109,000 to buy 509.com in a domain name auction has responded to a lawsuit that alleges the domain name was previously stolen.

Yin Sheng filed a lawsuit in U.S. District Court in July against John Doe and in rem against the domain, saying the domain was stolen from him. He said he acquired the domain in 2018. NameBio records show the domain sold for $295,000 that year.

The domain was auctioned on Sedo this year.

read more (dnw)

 

[Keith]

Someone paid $295k and sold at auction for $109k? Of course that seems fishy.

If it was expired then it would make some sense.