The large cryptocurrency corporation is reportedly putting pressure on an older fan of Carl Sagan to sell wormhole.com for $50,000.

Using Google Groups, one can delve into old threads dating back to the Usenet early internet era. If you search for wormhole.com, you'll discover a collection of posts from the 79-year-old computer engineer Dick Merryman, which include this one dating back to 1995 the passionate story of Merryman, who has had this domain associated with his email for nearly three decades. However, he’s now faced with the necessity to sell it to the powerhouse Jump Trading for $50,000, claiming he’s simply too weary to continue fighting. wormhole.com The narrative details how Merryman felt compelled to sell after initially accepting an offer but then backtracked. Jump reportedly enlisted a broker back in June 2021 to propose a meager $2,500 for the domain, which Merryman firmly declined, asking instead for $50,000. The broker agreed, and Merryman thought it was all a prank. \"Nope, sorry, I changed my mind,\" he responded in an email shared in the court records. \"This seems too simple, either I’m missing out on a lot of cash or this is a scam. Either way, I’m not selling.\" crypto He also mentioned that if the broker wished to submit a fair offer, they were welcome to do so. Merryman conveyed to Insider that selling wasn’t truly his intention. \"I’ve kept the same email for 28 years,” he remarked, “it feels like family.”

A report from Insider He tried to put this incident behind him, ignoring further communication regarding the sale—until April arrived, when Jump Operations initiated a lawsuit against him in the federal court on behalf of Jump Trading. The court favored Jump, prompting a judge to enforce a lockdown on the domain on April 8, ensuring Merryman couldn’t transfer it until the legal disputes concluded. Jump Trading has its eyes set on wormhole.com due to its focus on high-frequency trading strategies and algorithms, in addition to the fact that 'Wormhole' coincidentally represents a cryptocurrency platform that establishes digital 'bridges' between different blockchains. The company has incorporated the term into its operations, and possessing a more streamlined domain name would undoubtedly bolster its market presence.

After Merryman's lawyer declined to confront the crypto powerhouse, he decided he was finished with the ordeal. He expressed in another interview that he felt, \"I’m weary. I’m not thrilled, but I’ll accept it.”

A snapshot of wormhole.com taken on May 4, 2022. trading Merryman’s website resembles a simple relic of the early internet, featuring a javascript clock that follows your cursor as you navigate the page. He indicated that his acquisition of the domain was inspired by his admiration for Carl Sagan’s novel Contact. Within Sagan's story, humanity learns to traverse through space employing wormholes, theoretically capable of shrinking the immense gaps that exist between stars. wormholenetwork.com It’s anticipated that this legal matter will reach a conclusion well before May wraps up.

There’s a strong demand for 3 and 4 digit ENS domain names. Decrypt A comprehensive exploration of NFT marketplaces on the Ethereum blockchain.

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With a background as the managing editor for cryptocurrencylistings.com, I previously held the title of Deputy Digital Editor at Maxim magazine. My writing has appeared in Observer, Inside Hook, Android Police, and Motherboard. Additionally, I'm the author of the official “Better Call Saul” tie-ins including “Don't Go to Jail” and “Get off the Grid.”

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