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Judge Approves Gawker's $31 Million Settlement With Hulk Hogan
- Forbes, Tuesday, December 13, 2016 3:35 PM
A federal bankruptcy judge has signed off on Gawker's $31 million invasion of privacy settlement with Hulk Hogan, stemming from the site's decision to post excerpts of a sex tape featuring the former wrestler. The move comes several months after Hogan won a $140 million verdict, which forced Gawker into bankruptcy. Hogan's lawsuit was funded by PayPal co-founder and Trump-backer Peter Thiel.
