509.com buyer defends domain in lawsuit

Person who bought 509.com in Sedo auction defends domain in stolen domain lawsuit.

Picture of gavel with the words "lawsuit"

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. Dashiell Shapiro won the auction and paid $109,000 for the domain name.

Shapiro responded (pdf) pro se, arguing that he acquired the domain in “a well-publicized auction from a recognized domain marketplace.” He also makes an affirmative defense of laches.

 

Post link: 509.com buyer defends domain in lawsuit

© DomainNameWire.com 2021. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Original article: 509.com buyer defends domain in lawsuit

©2021 Domain Observer. All Rights Reserved.

Leave a Reply

Your email address will not be published. Required fields are marked *