27 Dec '14, 1pm

Seized By Feds, Domain May Be Auctioned Off & The Govt Won’t Make A Penny

The government auctioning off property it has seized in the commission of criminal acts, taxes or other legal issues is nothing new, but in this case instead of the DOJ, listing the domain as a owned asset of the government in an auction, in which case they would collect the lions share of the sale price, by not renewing the domain name and simply allowing the domain to drop, the government would not get a penny from the auction.

Full article: http://www.thedomains.com/2014/12/27/seized-by-feds-domai...

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