The sale of The Pirate Bay hit another serious roadblock this week when shares of its prospective buyer, Global Gaming Factory X, were delisted from the Swedish stock exchange for allegedly misleading investors about the proposed transaction. AktieTorget claims that GGF misrepresented facts about its financial situation and its deals with the entertainment industry, though GGF CEO Hans Pandeya subsequently asserted to CNet that the transaction will nevertheless go through.

The entire saga over the sale is quickly becoming a kind of déjà vu. The Pirate Bay is not only known as the world’s largest BitTorrent tracker; its founders also gained notoriety for continuously announcing project after project, only to abandon most of them later on. There was the plan to buy an island, the idea to encrypt the entire Internet, the ad-supported music site Playable and the next-generation BitTorrent protocol, to name just a few. All of these non-starters did, however, help to keep The Pirate Bay in the news and accomplish things well beyond the stated aims of the The Bay’s site, as Co-founder Peter Sunde recently pointed out. Continue reading on

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