In yet another twist in the extraordinary tale of Sex.com, the con-man who stole the world’s most valuable domain has been released from jail - in order to locate the millions of dollars he owes the original owner.
Stephen Michael Cohen has been ordered to hand Gary Kremen $65m by a US court but despite years of intense fighting has yet to hand over one cent. On Tuesday morning, after 14 months in jail for civil contempt, Cohen was released by Judge James Ware, because Kremen’s lawyers had been unable to chase down his offshore bank accounts.
Cohen claims he is only able to get the details of his various accounts - held in Lithuania, Liechtenstein and the Isle of Man - in person and outside jail, and is due back in court in San Jose on 26 February to tell the judge how that search has gone.
Source: The Registe