Mark Zuckerberg just paid $700 to an Indian cyber squatter for rights to maxchanzuckerberg.com. Zuckerberg’s daughter is named Maxime Chan Zuckerberg and the domain name was reportedly acquired by Amal Augustine soon after Zuckerberg’s daughter was named, reports ScoopWhoop.
Amal Augustine is a student at KMEA college at Kochi and apparently makes a habit of picking up domain names that he thinks will be relevant in the future. When GoDaddy sent Augustine a mail asking him if he was willing to sell the domain, he agreed and asked for $700. Only later did he realise that the domain was being purchased by ICONIQ capital, which manages Mark Zuckerberg’s assets.