The 9th U.S. Circuit Court of Appeals rejected Stephen Cohen’s appeal of a 2001 federal court ruling last week that ordered him to pay Gary Kremen $65 million for stealing Sex.com in 1995.
Although Cohen has lost each battle so far in regard to the domain he stole from Kremen by sending a forged transfer letter to Network Solutions, Kremen laughed when asked if he thought this was the end of the road.
“No, probably not,” he said. “The guy’s a kook.”
Even though Cohen, who made $40 million off Sex.com during the five years before it was awarded back to Kremen, is an international fugitive, he said he plans to appeal the decision to the U.S. Supreme Court.
Kremen admitted he was indifferent to the situation and was following through based on principle, but doesn’t anticipate ever seeing any of the $65 million judgment.
“Nah, I doubt it,” Kremen said. “It’s highly unlikely—highly unlikely.”
He has, however, received something other than laughter from the ordeal. VeriSign, the parent company of Network Solutions, paid Kremen a settlement stemming from a 1998 lawsuit last year. In 2001, he received a San Diego-area mansion that once belonged to Cohen as part of the federal court ruling.
Cohen, who is said to make his home in Monte Carlo, Monaco, served four years for fraud starting in 1992 and is now reportedly making his living in construction and the casino industry in Europe.
“I’m out of the sex industry. It bored me, frankly,” he told USA Today earlier this year.
