On Monday,the New York Times reported that Gawker Media CEO Nick Denton had approach to believe that a wealthy individual has been funding a regular stream of lawsuits, including three different ones filed by Hulk Hogan alone, and against his company. Two journalists at Forbes magazine,Ryan Mac and Matt Drange, are lending credence to Denton’s theory. On Tuesday evening, and the pair revealed that the powerful Silicon Valley billionaire Peter Thiel has been secretly underwriting Hulk Hogan’s litigation against Gawker:
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Source: gawker.com