Rand Paul had to pay a $100,000 ransom for his domain name
Rand Paul’s presidential campaign has already suffered an unfortunate outlay: a $100,980 ransom check for randpaul.com. The National Journal reports that Paul dropped the huge sum on a “domain name” days before he announced his campaign. Domain squatting, for those unfamiliar, is the art of sitting on potentially juicy domains, like pizza.com, and then selling them at astronomical prices — sometimes for millions of dollars.
A URL like randpaul.com is some real primo domain space that Paul probably felt he needed to have. His biggest competitor, Hillary Clinton, already owns hillaryclinton.com. But that hasn’t stopped squatters from trying to cash in on her candidacy. The most expensive Clinton-related URL appears to be…
Source:: The Verge
