NickDenton
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Peter Thiel is the one behind Hulk Hogan's Gawker lawsuit
Confirming rumors that had grown over the past few days, Paypal cofounder Peter Thiel admitted to the New York Times that he is financing Hulk Hogan's lawsuit against Gawker Media. Its Gawker blog published an article in 2007 titled "Peter Thiel is totally gay, people" (before later publicizing the sexuality of Apple CEO Tim Cook, and a Conde Nast exec) which kicked off this whole revenge-by-proxy legal saga. Hogan's involvement comes after the site posted a video of the wrestler (real name: Terry Bollea) having sex with the wife of a friend, clipped from a tape with other interesting details. He sued the site and won a $140 million award, which Gawker is appealing.