Submission + - Sweden launches criminal probe of Pirate Bay sale (cnet.com) 1
uolamer writes: Sweden's Economic Crimes Bureau has begun an investigation into some of the events surrounding the planned acquisition of The Pirate Bay by Global Gaming Factor X.
The Swedish newspaper, SvD reported Saturday that authorities are looking for possible insider trading after Global Gaming's jumped a week before Global Gaming announced plans to acquire The Pirate Bay. Trading of Global Gaming shares was halted by AktieTorget, a Swedish exchange, on Friday after officials there requested proof that Global Gaming had enough money to complete the sale. Global Gaming has yet to produce the required documentation Until officials get the proof they need, they said they won't allow the stock to be traded again
The Swedish newspaper, SvD reported Saturday that authorities are looking for possible insider trading after Global Gaming's jumped a week before Global Gaming announced plans to acquire The Pirate Bay. Trading of Global Gaming shares was halted by AktieTorget, a Swedish exchange, on Friday after officials there requested proof that Global Gaming had enough money to complete the sale. Global Gaming has yet to produce the required documentation Until officials get the proof they need, they said they won't allow the stock to be traded again
