![]() With additional reporting by Jennifer Chaussee, Madison Kotack, and Gregory Barber. With today’s bankruptcy filing, it appears he’s getting his revenge anyway. “It’s less about revenge and more about specific deterrence.” “I saw Gawker pioneer a unique and incredibly damaging way of getting attention by bullying people even when there was no connection with the public interest,” Thiel told The Times in an interview in which he acknowledged his involvement. ![]() ![]() In March, a jury sided with Bollea, levying $140 million in damages against Gawker. Last month, Forbes reported that Thiel was secretly financing Bollea’s suit. Bollea sued the site for running the video, saying it was an invasion of privacy. Daulerio posted a video of former pro wrestler Hulk Hogan, whose real name is Terry Bollea, having sex with the wife of his best friend. The Two-Way Hulk Hogan Testifies In His 100 Million Lawsuit Against Gawker 'But all-out legal war with Thiel would have cost too much, and hurt too many people, and there was no end in. Instead of suing Gawker directly, however, he secretly backed other plaintiffs with grievances against the site.Īmong them was Hulk Hogan. That piece and others led Thiel to undertake an all-out legal campaign against Gawker for journalism that “ruined people’s lives,” Thiel told the New York Times last month. Thiel reportedly made no secret of his sexuality at the time, but it had also not been widely publicized prior to Valleywag’s piece. In 2007, Valleywag published a piece that revealed Thiel was gay. Thiel then bankrolled a privacy lawsuit brought by Hulk Hogan, a 6’7, 300-pound wrestler named Terry Bollea after Gawker published a 40-second video of Hogan having sex with the wife of a. Within seconds of the jurys verdict in favor of Hogan, a flurry of people. The last of these, Gawker’s Silicon Valley gossip site, wasn’t afraid to make enemies with some of the tech industry’s biggest names. On Friday, a Florida jury turned in a 115 million verdict against Gawker over its 2012 posting of a Hulk Hogan sex tape.
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