![]() "If you're a billionaire and you don't like the coverage of you, and you don't particularly want to embroil yourself any further in a public scandal, it's a pretty smart, rational thing to fund other legal cases. "My own personal hunch is that it's linked to Silicon Valley, but that's nothing really more than a hunch," Denton told the Times. ![]() Gawker founder Nick Denton gave credence to the conspiracy theory this week in an interview with the New York Times Monday in which he said he suspects all of the lawsuits against his company are linked by financing from a common unnamed interest. In this case, however, Thiel or whoever is funding the lawsuit appear to not be seeking any monetary gain. ![]() There is nothing illegal about a third-party helping to finance a lawsuit against someone else, but typically the financier hopes to receive a share of the proceeds in any judgment. #Hulk hogan tape gawker trialWhile Gawker is appealing the verdict, the website is currently facing similar suits from other accusers. Terry Bollea, aka Hulk Hogan, sits in court during his trial against Gawker Media, in St Petersburg, Florida March 17, 2016. "If Peter Thiel is indeed backing the lawsuit, I assume that he thinks that disclosing a sex video without the participant's permission is a violation of the participant's rights - here, a right to privacy," said Eugene Volokh, a professor of law at the University of California at Los Angeles, in an email. ![]() (Jeff Christensen/Associated Press)Įxperts say those feelings could be what's fuelling his alleged backing of Bollea's lawsuit. Hulk Hogan recently won a $140 million verdict against Gawker. ![]()
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