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Bid, won and paid for Domain, invested on design, then winning bid was not honored

Won the domain and was told that it is no longer available.

 

It has come to our attention that xxxxxxx is no longer available and therefor will not be able to complete the transaction as agreed. At this time we have taken action against the seller and have issued a refund for the purchase of this domain. The refund will be processed to the original payment method used. Please let us know if you have any questions and we apologize for the inconvenience.

 

What's the point of winning the auction then? To make things worst??? GoDaddy is the Registrar for this domain and they did not force to transfer? There is a contract in place right?