Gawker Media Is Forced Into Bankruptcy for Running Hulk Hogan's Infamous Sex Tape

In a rather awkward turn of events, Gawker Media has been forced into bankruptcy and will be auctioned off next month. To refresh your memory, the famed online media forum published an explicit sex tape of Hulk Hogan, which of course the legendary wrestling icon objected to. The "Hulkster" along with some financial backing from Silicon Valley billionaire Peter Thiel, filed a lawsuit against Gawker's founder Nick Denton and won the case. In an ironic twist to the story, Gawker Media just so happe...