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Tuesday, May 12, 2009

Return of the Pirate

An update on how The Pirate Bay is reacting to their recent trial

The Pirate Bay has already said they have no plans to ever pay. Well, that turns out to be partially true.

The Pirate bay actually DOES plan to pay back the money... in the form of a DDo$ attack. Like a DDoS Attack (Denial of Service Attack), a DDo$ attack works by flooding the victim with more than they can handle, except in this case, it's by actually paying money.

By sending 1 SEK (Swedish Krona, equal to $0.13 American) at a time, in order to pay off the $30,000,000 SEK they were fined, The Pirate Bay will end up costing the IFPI $30,000,000 in bank transaction fees (since a deposit of 1 SEK costs 2 SEK to handle).

A lesson to companies - when going up against internet experts, have internet experts on your side too; the IFPI doesn't exactly have a method to counteract this, when the simple solution would be for them to setup some method to collect all the money in one place first, and make a single large deposit.

But then, if it's being sent directly to a bank, there isn't much choice, is there?

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