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Best.com Sells for $331,561

November 10, 2009

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Best.com sold this week for $331,400 at Moniker, a domain registration company. Other notable sales these past two weeks include Pipi.com (private sale) for $100,000, Suggest.com (private sale) for $75,000, JJJ.com (Sedo) for $48,500, Sudan.com (Sedo) for $120,000, and PokerBonus.com (Sedo) for $85,000.
[Source]

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SnapNames Admits Executive was Shill Bidding

November 9, 2009

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A SnapNames executive was found to be shill bidding on 0.5% of the company’s auctions to artificially inflate the price and build hype, from 2005-2007. Fortunately, SnapNames announced that they will refund winners the difference between the inflated price and what the auctions should have ended at.
Today the largest company conducting these auctions is SnapNames, [...]

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