isoHunt Founder Settles with Music Industry for $66 Million - TorrentFreak
Waylan Choy stashed this in Pirates, See?
“After 10 long years, I’m happy to announce the end of isoHunt’s and my lawsuits,” Fung says, noting that he now owes the Canadian music group $66 million.
“And I want to congratulate both Hollywood and CRIA on their victories, in letting me off with fines of $110m and $66m, respectively. Thank you!” he notes, adding that he’s “free at last”.
It further requires Fung to pay damages of $55 million and another $10 million in aggravated punitive damages. The final million dollars is issued to cover the costs of the lawsuit.
How does he have that kind of money?