Pirate Bay co-founder claims 'we lost'

BrokeP distributes unreleased Pirate verdict

The Pirate Bay has lost the trial against the entertainment industry according to co-founder Peter Sunde, who cites a “trustworthy source”.

Sunde, also known as BrokeP, said he was given “leaked information” last night.

The verdict is expected within the next hour, however, so we'll soon see just how "trustworthy" his source is. Sunde used his Twitter account to break the news.

“Stay calm – nothing will happen to TPB, us personally or file sharing what so ever. This is just a theatre for the media,” he claimed.

If found guilty of being accessories to copyright infringement, Sunde and three other men behind the notorious BitTorrent site could face up to a year in prison each and hefty fines to boot.

"Really, it's a bit LOL. It used to be only movies, now even verdicts are out before the official release," said Sunde on Twitter.

We’ll have more for you once the official verdict hits. ®

Sponsored: 5 critical considerations for enterprise cloud backup