Candida.com seller talked to the FBI about Epik

Kathleen Kalaf, sold the domain Candida.com expecting to receive $91,000 dollars out of a $100k sale conducted using Epik. Soon, she found out that the balance had been turned into useless “masterbucks” that could not be converted into real currency. By locking the balance in her account, Epik essentially kept the full $100,000 dollars it […]

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Epik pulls the plug on DNProtect.com

DNProtect, one of Epik‘s brands, has been terminated. Operating from the domain DNProtect.com, the company offered services related to cybersecurity. It also used a DNProtect algorithm to gauge a domain’s potential vulnerability to cyberthreats. That score wasn’t private, however; the DNProtect scores of domains looked up via the service were open to the public and […]

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Epik selling assets to pay off debt; is DNForum about to be sold?

Candida.com was sold for $100,000 dollars utilizing the Epik escrow process in September, but Kathleen Kalaf, the domain’s former owner, has not received $91,000 dollars as part of the deal. The money was kept by Epik and although the company has acknowledged the debt it has yet to complete the transaction. Epik, effectively, has kept […]

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Masterbucks vs. PayPal: Payment options updated at Epik

Nicole Lee, country manager of Epik in China, shared news of an update at Epik regarding payment options. According to Ms. Lee, PayPal was restored as a payment option at Epik.com, 18 months after PayPal disabled such an option for Epik customers. We can speculate on what led to that decision’s reversal. Epik customers can […]

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Are MasterBucks copying after the Bitcoin fame?

Does anyone remember Epik Bucks? Elegantly avoiding the term “dollars”, the Epik Bucks were the coin du jour for Epik’s store-building costs, participating in the Epik conference and for trading domains. The test was met with great excitement by the hardcore Epik acolytes but ultimately, it failed. Now Epik is back, presumably wanting to go […]

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