Pirate Bay buyer 'misled' investors, booted off exchange

news.cnet.com

18 pointsashishk3 comments

I'm really not surprised. I was really suspicious of their claims that they could both legitimize the site and and still keep the users and traffic.

I also didn't really get how the buyer both convinced Peter Sunde and the other founders to sell and convince big media to sign a deal. I really doubt the founders would support someone who was seriously willing to work with big media.

Agreed. But, if one is willing to lie to both sides, then it would be very easy to get everybody enthusiastic (until everyone realizes they're being lied to).

this soap opera has run its course, I think.

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