The Pirate Bay, the largest bit torrent tracker in the world, has begun raising funds to buy the micronation of Sealand which is for sale. (SN reported) The Island has been valued at £504 million but what it will actually sell for remains unclear.

If they are successful, The Pirate Bay plan to move their servers to the island where there will be no copyright laws. Citizenship of Sealand will be given to anybody that donates towards the purchase.

The Pirate Bay is currently based in Sweden and has been the target of anti-piracy groups for some time. If they do not raise enough to buy Sealand The Pirate Bay are planning to buy another island somewhere and declare independence.

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