http://en.wikipedia.org/wiki/Sex.com
On October 20, 2010, Sedo.com, reportedly completed the auction, by filing in a California court that it had approved the sale for $13 million to a Clover Holdings LTD.
My guess is that they aren't going to put much effort on developing it, just like almost nobody did in the past 15 years:
http://web.archive.org/web/*/http://www.sex.com