Gawker Media Files Bankruptcy Papers And Goes On Auction Block

Gawker Media Group has filed for Chapter 11 Bankruptcy protection and has begun to auction its business with Ziff Davis1 opening the bidding. Assests are officially estimated2 to be in the 5o million to 100 million United States dollar range while liabilities are estimated to be in the 100 to 500 million United States dollar range. Gawker Media and certain affiliated persons owe 140.1 million United States dollars after losing a court case involving their public humiliation of the private person Terry Bollea (WOT:nonperson), a man who plays a character named "Hulk Hogan" (WOT:nonperson, also fictional character) on television. Proceeds from the sale will reportedly be used to promote this confusion in front of appellate courts following its failure during the trial. The filing of the lawsuit put founder Nick Denton's (WOT:nonperson) control of Gawker media on precarious footing and he ended up surrendering authority to various committees as his blogspam writers unionized. During its run under Nick Denton's management Gawker Media alienated any actual writers they managed to employ while working to normalize endemic morbid obesity with pro-Transmayo propaganda. Whoever acquires Gawker Media at auction will be burdened with a web "property" attached to a workforce protected by a Union contract. Sorry for you loss.


  1. Publisher of Popular Aviation, Stereo Review, and Computer Shopper magazines.  

  2. As is traditional in this process  

uTorrent Forum Hacked

The forum for file sharing software uTorrent was reportedly compromised on June 6, according to announcement on site. The forum was notified of the breach by Invision Power Services, Inc. which produces the software platform the forums run on. The site has approximately 385,000 users, and the uTorrent team believes that the entire user database containing hashed passwords was compromised. The attack highlights the problems with existing forum software, which has been highlighted by Mircea Popescu on trilema. Peace in our time.

WOTless Bitcoin n00b Scammed For Millions Of Fiat Tokens

Sorry for your loss hit Dallas Cowboys running back Darren McFadden (WOT:nonperson) this week, as it was revealed that his longtime business manager Michael Vick1 (WOT:nonperson) was responsible for mishandling 15 million dollars entrusted to him, with 3 million being used to fund an unknown Bitcoin venture. A lawsuit filed against Mr. Vick and 10 John Does alleges that

Rather than securing for Plaintiff a lifetime of financial security as Defendant Vick promised Plaintiff, Defendant Vick covertly used Plaintiff's income as his personal slush fund to subsidize his own lifestyle and expenses and to invest in his own projects

McFadden have given Vick, a former family friend, power of attorney to assist him with financial choices in August of 2008. The schemes were uncovered when Vick attempted to sell a building to McFadden that had already been purchased with his own money.


  1. Not the NFL quarterback 

Peace Trove Being Indexed To Accounts On Unhacked Sites

The social media password dumps of Myspace, LinkedIN, and possibly others that were brought to public light by Peace are now being indexed and packaged1 to identify vulnerable accounts on other platforms. The war on the web has been simmering since the web went to shit soon after its birth. The work of Peace is forcing social media and web forum users to muster all of the earnestness at their command and confront the hard reality of their assorted user accounts actually not conveying any identity at all. Many have tried to find an easier softer way than the WoT, but they could not. Him in our time.


  1. It is rare, but yes. Some people appear to actually be undertaking economically useful activity through producing "information products."  

Oklahomos Test Literal Due Process Circumvention Device For Electronic Seizures

The Oklahoma State Patrol1 (WOT:nonpeople) is now testing a new device that is sure to set the standard for "law enforcement" officers that wish to quickly steal citizens funds without the hassle of due process. The Electronic Recovery and Access to Data machine, or ERAD for short, allows officers to scan any credit or debit cards of individuals suspected of criminal activity and seize any funds contained on them. Before the cards presented a mystery to officers who had to wonder how much their victim could pull out the an ATM with their debit card. A copy of the work contract with the state shows that they are paying a price of $5000 for the scanners and associated software, an expense which is surely to be quickly recouped within days. Sorry For Your Loss.


  1. Affectionately known as The Oklahomos  

Rural Police Recapture Funds Liberated In Social Engineering Coup

Officials in Platte County, MO announced they have recovered $28,205 of $48,200 they lost due to a county treasurer falling victim to a social engineering attack delivered via spoofed emails. Rob Willard, the treasurer, said he made a wire transfer in the amount of $48,000 after receiving an email from someone pretending to be Presiding Commissioner Ron Schieber, in order to pay for a tax consultant. Upon realizing he had been duped, Mr. Willard alerted the Feebs and the fraud department of Wells-Fargo who are still investigating and have not yet found the source of the fraudulent emails. The individuals responsible are believed to have liberated several other counties in Missouri and Kansas of funds as well.

Likely Next French President Wants Bitcoin Ban

Likely next French President Marine Le Pen (WOT:nonperson) has gone on the record stating that she would like a ban on Bitcoin. Remember kids that National Socialism is still socialism with all its kleptographic tendencies intact. This holds whether Donald Trump-Clinton (WOT:nonperson) or bizzaro French Hilary Trump-Clinton (WOT:nonperson) is promoting it. Sorry for your loss. Peace in our time.