Pirate Bay Buyer Chairman Resigns

Xemu writes "Global Gaming Factory X (GGF), the company that plans to purchase Swedish file-sharing site The Pirate Bay, has encountered an additional setback. Last week trading in GGF stock were suspended due to suspected insider trading. On Friday, Magnus Bergman, GGF chairman, submitted his resignation to the Swedish Companies Registration Office. Bergman's resignation is the latest in a series after the previous departures of board member Johan Sällström and adviser Wayne Rosso. The CEO of GGF, Hans Pandeya, is being pursued by the Swedish enforcement service for mounting unpaid debts. In an interview with the Swedish business daily 'di.se' today, CEO Hans Pandeya says that the deal is still on."

Comments

Re:Pirate bay is off-line already.

[JustinOpinion]

FYI, you can use DownForEveryoneOrJustMe.com to check these kinds of things. It appears that the Pirate Bay is indeed offline right now.

Re:What after TPB?

[j.sanchez1]

I wonder what will happen if The Pirate Bay is closed down or turned into a site for legal torrents. A lot of the other torrent sites relies on the Pirate Bay tracker. What other large, public bittorrent trackers (not just .torrent mirrors) are there?

http://openbittorrent.com/

Pirate bay disconnected by order of Swedish court

[Svenne]

Swedish Internet bandwidth reseller Black Internet has been ordered today by the swedish court Tingsrätten to cut of access to The Pirate Bay, or face a fine of 500000 SEK (approx. $70870.5).

http://www.idg.se/2.1085/1.242518/pirate-bay-borta-fran-nate (link in swedish).

The same as above machine translated by Google

Re:Pirate bay is off-line already.

[Yaotzin]

I know it's redundant but it's telling me that google is down...

http://downforeveryoneorjustme.com/google.com

Re:Pirate bay is off-line already.

[Yaotzin]

Too fast there, but a Svenska Dagbladet, one of Sweden's biggest newspapers are also reporting that TPB is down due to a threat of being fined issued to their ISP, Black Internet.