Peter Sunde, Carl Lundstrom and Fredrik Neij have failed in their appeal against the judgement that found them guilty of facilitating illegal filesharing on their website, pirate bay.
To make matters worse, their fine has been increased by the court from $2 million to $6.5 million. However, every cloud has a silver lining as their jail terms have been decreased.
The group have vowed to take their case to the European Supreme Court but it is not looking good for the pirate bay founders. The website, that gets around 22 millions hits a month, could be set to go the same way as limewire.