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Pirate Bay Buyer Sued For Bankruptcy

Posted by Soulskill on from the thanks-for-playing dept.

pharazon writes "Global Gaming Factory (GGF), the prospective buyer of file-sharing site The Pirate Bay, has been sued in the Stockholm District Court for bankruptcy due to an unpaid debt of up to 1.4 million SEK (Swedish Crowns, roughly 200k USD). The issuer is GGF's trading partner, Advatar Systems. GGF was recently de-listed from the Aktietorget.se equity market due to financial and reporting failures, but was able to re-list later. The Swedish Tax Office was also claiming large sums of unpaid taxes from the owners of GGF. The discussion in the Swedish media has been skeptical about the Pirate Bay deal due to financing issues."

7 of 102 comments (clear)

  1. Re:Pirate Bay is dead. by mqduck · · Score: 2, Informative

    Mininova is a really good choice and is pretty popular. Torrentz.com is a good index of torrents from other sites, though it's not clear why torrents are sometimes missing.

    --
    Property is theft.
  2. Euro by Anonymous Coward · · Score: 2, Informative

    1.4 million Swedish kronor = 138 545.887 Euros

    1. Re:Euro by Idiomatick · · Score: 1, Informative

      203,953.40USD
      and
      9,314,552.01BTN

    2. Re:Euro by Zontar+The+Mindless · · Score: 3, Informative

      Those of us who actually do use Swedish kronor couldn't care less what you Ausländer carry around in lieu of hard currency. ;)

      --
      Il n'y a pas de Planet B.
  3. There's very few swedish crowns.. by skrolle2 · · Score: 1, Informative

    The English word for the currency of Sweden is "kronor" or "Swedish kronor". There's only a few Swedish crowns in existence, and they're displayed in the Royal Armory Museum in Stockholm.

    1. Re:There's very few swedish crowns.. by Vintermann · · Score: 2, Informative

      "Crowns" is literally what kronor means. It's a perfectly OK translation.

      --
      xkcd is not in the sudoers file. This incident will be reported.
    2. Re:There's very few swedish crowns.. by Zontar+The+Mindless · · Score: 3, Informative

      Yes, and I bought a coffee lattè yesterday at Coffee By George at Gullmarsplan Station here in Stockholm, and the girl said, "That's 37 crowns, please". Just like virtually every other Swedish person I've met in 2+ years here says when speaking English (which virtually all Swedes do). So please come over here and tell them that they've all got it wrong.

      Tack för att du spelar!

      --
      Il n'y a pas de Planet B.