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TorrentSpy fined $110 million, files for bankrupcy


Zeus_Hunt

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Zeus_Hunt

Los Angeles (CA) – The MPAA just scored a major anti-piracy victory against TorrentSpy, which once was one of the major BitTorrent indexing Website. The umbrella organization for movie industry won record damages in the amount of $110 million.

The fine appears to be the final chapter in a lawsuit that was filed by the MPAA against TorrentSpy in February of 2006 and ultimately resulted in the shutdown of the service in March of this year. A federal judge awarded the maximum fine of $30,000 for each of almost 3700 files, landing the MPAA $110 million judgment. According to law, the maximum damages for a single infringement is $30,000.

The MPAA heralds this decision as a key judgment that will be the base for future lawsuits against other torrent sites. Valence Media, which operated TorrentSpy, filed for bankruptcy protection in the UK following the judgment.

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