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Global Gaming Factory Under Investigation For Insider Trading

By Michael Klurfeld on August 22, 2009

investigationI’m going to pass this along just because I think it’s so damn funny. Global Gaming Factory, those crazy guys who are trying to buy The Pirate Bay, are now under investigation for insider trading. Apparently, just days because GGF announced that it would be purchasing the popular torrent site, a lot of people bought extra stock and the value of shares in the company shot up.

This is just one of many pitfalls in the bumbling tale of GGF’s crusade to buy and legalize The Pirate Bay.  The last news was that despite what Hans Pandeya, chief executive of GGF, was saying, the company didn’t have any real investors and the deal was in a shambolic state already. So while it might be cool to get paid (and not sued) for file sharing, and even cooler to buy and sell shares in The Pirate Bay as one would Microsoft, I just don’t think that it’s going to happen.

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