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Pirate Bay co-founder: "We lost"

Software

Peter Sunde, one of the co-founders of The Pirate Bay, has broken news that the Bay has lost its high-profile court case.

Earlier this morning, Sunde, who goes by the online alias Brokep, posted a message to Twitter, claiming a trustworthy source had leaked the court's verdict to him.

"According to leaked information from the court, we lost (got the news last night)," read his message on Twitter to followers. He continued in a subsequent message: "Stay calm -- nothing will happen to TPB, us personally or file sharing what so ever. This is just a theater for the media."

Four men behind The Pirate Bay are standing trial: Sunde, Gottfrid Svartholm Warg, Fredrik Neij and Carl Lundstrom. They're accused of allowing copyrighted material to be freely shared over the Internet. The site is one of the most popular BitTorrent sites in the world, with around 22 million global users.

The official verdict is scheduled to be announced later today, and could land the site's operators with fines and possibly jail time. Keep your eyes on Crave throughout the day for the official verdict.

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