Loki puts donations toward $1m MPAA payoff
Found on The Register on Friday, 25 February 2005
When the MPAA filed a round of lawsuits at BitTorrent sites, LokiTorrent stood up as a proud defender of P2P technology. It promised to battle the MPAA to the death in court and asked for financial aid from file-traders to make this legal fight possible. Loyal traders tossed more than $40,000 to Edward Webber's crew, hoping to give P2P technology another day in court.
The courts won't have a crack at answering these questions because LokiTorrent gave in to the major movie studious.
The settlement bars Webber from running any P2P sites that may violate any MPAA copyrights. He, however, has vowed to keep making "fun and useful" sites.
I can add the name "Edward Webber" to my list of people who, if removed from the gene pool, would make me smile.