There is a lot of chatter going on right now concerning the SEDO auction of the music.mobi domain. Here is what one auction participant (Costa G Roussos) said about his alleged winning bid at the auction close:
I have been a part of this SEDO .mobi auction auction and I am the one responsible for the bid $611,000 for music.mobi. However I stopped bidding at the point where I realized that the NEW auction was a scam because the two bidders that were bidding me up were NEW bidders who were not even involved in the initial auction. The initial auction closed with me winning the last bid at $66,000. I received an invoice and 2 emails regarding the winning bid.
They proclaimed me winner send me 2 emails, sent me an invoice. I considered the bid finished and was ready to go and play guitar and record this new song I was working on in the studio. By chance, I get an email by whom? BOTH the .mobi MTLD who started INVITING people via a bulk message hyping them up that the servers have crashed and that there is huge demand for the .mobi auction. Then Sedo followed. So 2 bulk messages sent to the world inviting them to attend a NEW auction. Not only that, they extended the auction to 2.5 hrs NOT 5 minutes.
Sedo claimed this was because their servers were slow in the last few minutes of the 7-day auction claiming that they could do this according to their Terms of Service / Conditions. The extended bidding apparently drew attention from a number of bidders that were not active in the original auction, causing the domain to sell for $616,000, nearly 10x the price at which Roussos claims he won the domain name. Here is the policy of SEDO which, of course disclaims liability.
Here is the commentary so far....