I would've done the same thing. Don't 'buy' things you can't afford. It's fucking $40, I mean seriously, how hard can it be to come up with? If that's a difficult task for you, don't promise others money and take their things. Others have been permanently banned/repfucked, etc. for fake bidding with Philly. He should consider himself lucky. Now, quit instigating bullshit.
In addition, I wouldn't want an account back after someone else touched it. When I used to be into this shit, once it left my hands, it was forever tainted. HA. I said TAINT!