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International Business Times
International Business Times
Business
Anuj CHOPRA

US Conspiracy Website Gateway Pundit Declares Bankruptcy

The Gateway Pundit is declaring bankruptcy as it faces a string of misinformation lawsuits. (Credit: AFP)

US far-right conspiracy website Gateway Pundit is filing for bankruptcy, its founder said Wednesday, as it battles a string of lawsuits alleging it promoted misinformation related to the 2020 election.

Parent company TGP Communications is seeking Chapter 11 bankruptcy protection in Florida, founder Jim Hoft said in a note to readers, blaming "progressive liberal" lawsuits.

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