Indian Cybersquatter Gets $700 From Mark Zuckerberg

Facebook King, Mark Zuckerberg has paid $700 (Around Rs.47000) to Amal Augustine which is now being known as the Indian Cybersquatter for the domain name that is acquired by Amal. He is Kerala localized and is pursuing engineering.

It was one of a kind case when Amal, who is fond of picking domain names that might prove a deal to him in future acquired a domain name called maxchanzuckerberg.org when the daughter of Mark, Maxime Chan Zuckerberg was born back in December with the hope that one day Facebook will buy his domain over the Name Relation. This turned out to be true when Go Daddy sent Amal a mail asking if he would sell his domain to which he agreed and thrown a price demand of $700 only, Amal unknowingly that actually Facebook is trying to buy it through Go Daddy sold it to ICONIQ Capital, which manages Zuckerberg's Assets. Later, when he came to know about this he posted it on Facebook to which people replied that he should have sold it for way more than $700. Cybersqautting isn't illegal and people already have earned profit by mastering this method.

Rajat Kapoor

Rajat Kapoor is a self confessed tech geek. Always up to date with what's going on in the tech world, he is currently pursuing MCA and prefers Android over iOS. You will see his articles here and we do hope that you find them useful and informational.