>> From torrentfreak.com:

The verdict in the case of The Pirate Bay Four was announced. All four defendants were accused of 'assisting in making copyright content available'. Peter Sunde: Guilty. Fredrik Neij: Guilty. Gottfrid Svartholm: Guilty. Carl Lundström: Guilty. The four receive 1 year in jail each and fines totaling $3,620,000.

The court said that the four defendants worked as a team, were aware that copyrighted material was being shared using The Pirate Bay and that they made it easy and assisted the infringements. It categorized the infringements as 'severe'. The judge said that the users of The Pirate Bay committed the first offense by sharing files and the four assisted this.

While the court did not agree with the plaintiff's exaggerated estimates of losses, it still set the damages at 30 million SEK ($3,620,000). This a hugely significant amount and the court has ordered that the four should pay this amount between them.

The judge also stated that the usage of BitTorrent at The Pirate Bay is illegal. Rest assured, other torrent sites hosted in Sweden will be keeping a close eye on developments.