Hard to believe this? Ernesto writes on TorrentFreak:
TorrentReactor, listed among the five most popular torrent sites on the Internet, has surprised friends and foes by acquiring a small town in central Russia. The town formerly known as Gar has reportedly been bought for the equivalent of $148,000 and was quickly renamed after the Russian-based torrent site.
The last time a torrent site attempted to buy some land, the plan miserably failed. Early 2007 The Pirate Bay launched its ‘Buy Sealand” campaign. The plan was to raise enough money so they could buy the micronation of Sealand and offer “high-speed Internet access, no copyright laws and VIP accounts to The Pirate Bay.”
Within a few weeks the campaign raised some $20,000 from potential citizens, but this wasn’t enough. Sealand turned out not to be an option as it was prized at 750 million euros, which equals to nearly one billion US dollars. Other alternatives were considered but most islands lacked a proper Internet connection.
Read More: TorrentFreak