A Startup Backed By Peter Thiel Makes Bankrolling Civil Lawsuits Easy

In courtrooms across America, investors are making money through litigation financing. The process allows investors to cover the cost of a lawsuit in exchange for a share of the financial settlement.

If this process sounds familiar to you, it’s probably because it’s similar to what billionaire Peter Thiel did when he secretly funded a lawsuit from Hulk Hogan against Gawker Media.

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