Court to Get Control of Sex.net

Published: 8 February 2001 y., Thursday
But that was just the beginning. Now, Cohen stands to lose income generated from sex.net, kinkymate.com, nastydate.com and a list of more than 80 other predominantly porn-related domains registered under his name. Those are the terms laid out in a Friday ruling from a federal judge in San Jose, California, who authorized a legal advisor to collect income from any of Cohen's Web businesses to raise money for lawsuit damage payments. In his ruling, Judge James Ware said the court would "take custody of any proceeds generated from the operation of any Internet domain name for which Stephen Michael Cohen is listed either as a technical, administrative or billing contact." The money is to be put into a court-supervised account pending final judgment in a lawsuit filed against Cohen by San Francisco entrepreneur Gary Kremen. The ruling marks the latest turn of events in a two-year legal battle over the domain name sex.com, one of the most valuable pieces of real estate on the Internet. Like other recent rulings in the case, it was not a positive development for Cohen. Cohen, who ran the sex.com website from 1995 until 2000, lost a key ruling in November that took the domain out of his hands. At that time, Ware ruled that Cohen had gained control of the coveted Web address illegally, by sending a fraudulent transfer letter to domain name registrar Network Solutions. The judge ordered the site returned to its original owner, Kremen. As part of the November decision, Ware also ruled that Kremen be awarded some damages to make up for the years he lost control of sex.com. The site, a flashy collection of pornographic banner ads, is believed to generate millions each year for its operator. To help figure out how much Kremen is entitled to, the judge ordered Cohen to provide a full accounting of the financial operations of the sex.com site since 1995. Ware also ordered Cohen and the Ocean Fund, a corporate entity he is believed to control, to provide $25 million to be held by the court pending final judgment and assessment of damages.
Šaltinis: wired.com
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