Ask HN: Bought a domain on SEDO and the seller canceled after I sent payment

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Short story:

I purchased a domain on SEDO. Sent the payment ($1,000), didn't hear back anything. Asked what was happening last night in the SEDO transfer center, and received an email saying that the transaction has been canceled and I'll be getting a refund.

I'm looking at the whois of the domain, and it definitely appears to be owned by the same person who listed it.

What legal rights do I have here? Anyone faced a similar issue? Is it worth pursuing legal action?

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