However, it looks like legitimacy has evaded him, as he’s been sued by MySpace, which alleges he and his associates gained access to a number of users’ accounts, then used them to send millions of pieces of spam selling items like ringtones and polo shirts.
Some people just never learn. But, I see how it would be difficult to go legit when you are earning Millions a year from doing virtually nothing. Microsoft had some decent success in suing him a few years ago, and MySpace has a great case on their hands, especially since he and his crew circumvented their securities and TOS.
Source: Tech Dirt