- There is no shortage of people seeking to cash in on the impeachment of President Donald Trump.
- The private online auction of impeachment.com has been running for two weeks now.
- The impeachment process is headed to the Senate giving the potential buyer some time to cash in on the property.
‘Tis the season to cash in… on impeachment. After the House of Representatives impeached President Trump, the impeachment.com domain name is up for sale.
But it will cost you dearly. The sellers of the domain name have set a reserve price of $250,000. As the internet property is being sold through a private bidding process, the domain could attract higher offers with the owner expected to presumably accept the most attractive amount. Bidding closes at midnight on Dec. 19 Eastern Standard Time.
The impeachment.com domain name was first put up for sale on Dec. 5.
Cashing in on Donald Trump’s woes
While the owners of the internet property are clearly hoping to capitalize on the impeachment of the 45th U.S. president, the domain name was registered during President Bill Clinton’s tenure – in September 1998 – to Telepathy, Inc.
Months before the domain name was registered, an investigation into Clinton had been initiated. This culminated in the release of a report in the same month the internet property was registered. The report accused the 42nd U.S. president of perjury. Clinton was impeached a month later.
Though the sale of the internet property is taking place at a time when President Donald Trump has already been impeached, the process is far from over and could drag on for longer.
After the partisan vote, House Speaker Nancy Pelosi indicated that she will not trigger the next stage of the process by passing on the Articles of Impeachment to the Senate until an agreement is reached on how the trial in the upper chamber will be carried out. This could give the buyer of impeachment.com more time to benefit from the internet property, politically or otherwise, despite acquiring it late in the day.
Who will pay six figures for impeachment.com domain name?
Per the organization shopping the domain name, Hilco Streambank, the domain buyer will get a “unique opportunity to drive the conversation on this topic.” This points to the possibility that Streambank is expecting to elicit interest from political parties, political action committees or a fundraising platform.
Though Streambank has not revealed the number of offers it has received, don’t put your hopes up, especially if the sale of other related domain names is anything to go by. For instance, another internet property seeking to cash in on Donald Trump’s impeachment, ImpeachTrump.com, was initially put up for sale in an online auction on Jan. 15. The auction was set to end on Jan. 17 but 11 months later, the broker is still welcoming offers.