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- Man swipes domains from BT in 2000; flogs them for a fortune in Bitcoin in 2017
Posted by : Brij Bhushan
Friday, 1 December 2017
Seventeen years ago, the UK’s then-biggest telecommunications company, BT, opened a pioneering new research incubator in Ipswitch, called Adastral Park. And… er… forgot to purchase the domain names. It’s a schoolboy error, and as a prank, a BT contractor called Ric Hayman bought them for the grand total of £20 (at the time, that was roughly $28). Predictably, the humorless suits at BT didn’t particularly appreciate his joke, and Hayman quickly found himself out on his arse, without a job. Hayman’s having the last laugh though, as the bundle of domains are now on sale for a cool ten Bitcoins.…
This story continues at The Next Web
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