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US conspiracy website Gateway Pundit declares bankruptcy [Yahoo! Finance]
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Parent company TGP Communications is seeking Chapter 11 bankruptcy protection in Florida, founder Jim Hoft said in a note to readers, blaming "progressive liberal" lawsuits. The Gateway Pundit, launched as a blog in 2004, rose to prominence as it trumpeted conspiracy theories about a range of subjects, from mass shootings to Donald Trump's false claim that the 2020 election was stolen from him. Two poll workers in the southern state of Georgia -- which Trump lost to Joe Biden in 2020 -- sued the website over false claims they had been involved in ballot fraud. In December, the same two poll workers won a separate $148 million defamation case against Trump's former lawyer Rudy Giuliani for spreading similar falsehoods. The Gateway Pundit also faces a lawsuit in Colorado from a former employee of the election technology firm Dominion Voting Systems, over false vote rigging claims. Last year, Dominion Voting Systems secured a $787.5 million settlement from Fox News after suing
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