They agreed with the MPAA to give the site. I'm copy & paste other's thinking here because i feel the same: (thanks Kalper)
1. They said they would fight for lokitorrent. But instead, they caved in. 2. Those legal funds were given in good faith to defend lokitorrent. Instead, they used them to pay off the MPAA. 3. Those funds are currently greasing the palms of movie industry executives rather than defence lawyers. Donators to the fund just made the MPAA richer. 4. If they fought and won, there would have been a legal precedent to protect bt sites. Now we still don't even know if they would have won. 5. No news so far from lokitorrent's admin on what happened. 6. They were the only ones to put themselves forward as defenders of the bt cause while everyone else folded like dominos. They took money, and then folded like dominos. 7. They didn't clear out the tracking data of the site and now the freshly cashed up MPAA anti piracy division have funds and new people to sue. 8. The legal defence fund was used as a get-out-of-jail card instead of a legal defence.
The operator of that site, Edward Webber, agreed to not only pay a substantial settlement with even greater financial penalties for any further such actions, but by Court Order must provide the MPAA with access to and copies of all logs and server data related to his illegal BitTorrent activities, which will provide a roadmap to others who have used LokiTorrent to engage in illegal activities
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They agreed with the MPAA to give the site. I'm copy & paste other's thinking here because i feel the same: (thanks Kalper)
_ mpaa/
1. They said they would fight for lokitorrent. But instead, they caved in.
2. Those legal funds were given in good faith to defend lokitorrent. Instead, they used them to pay off the MPAA.
3. Those funds are currently greasing the palms of movie industry executives rather than defence lawyers. Donators to the fund just made the MPAA richer.
4. If they fought and won, there would have been a legal precedent to protect bt sites. Now we still don't even know if they would have won.
5. No news so far from lokitorrent's admin on what happened.
6. They were the only ones to put themselves forward as defenders of the bt cause while everyone else folded like dominos. They took money, and then folded like dominos.
7. They didn't clear out the tracking data of the site and now the freshly cashed up MPAA anti piracy division have funds and new people to sue.
8. The legal defence fund was used as a get-out-of-jail card instead of a legal defence.
The operator of that site, Edward Webber, agreed to not only pay a substantial settlement with even greater financial penalties for any further such actions, but by Court Order must provide the MPAA with access to and copies of all logs and server data related to his illegal BitTorrent activities, which will provide a roadmap to others who have used LokiTorrent to engage in illegal activities
http://www.theregister.co.uk/2005/02/10/loki_down