I suppose it was inevitable that the recent scandal over the rigged domain name auctions at Snapnames would spill over into a major lawsuit.
According to an article published yesterday on OregonLive.com (Snapnames is based in Portland, Oregon), the company's new owners Oversee are suing Snapnames ex executive Nelson Brady for $33 million.
Brady is alleged to have spent years artificially inflating auction prices by bidding under an alias. This fraud is said to have impacted a whopping 36,000 auctions. When the scam became public, Snapnames (bought by Oversee in 2007) was forced to provide refunds to thousands of impacted customers.