fox

It seems not enough money:

Charles S. Baker, Webber's attorney, said at least parts of LokiTorrent were defensible in court. In particular, he said, Webber offered to drop links to any pirated goods that copyright owners found on the site.

But the studios had plenty of money for legal fees, and "there was nobody coming to the table willing to write a check for him to defend this lawsuit," Baker said. "Like a lot of David vs. Goliath situations, he's got stones to throw, but he didn't have any money to go get a slingshot."

Erm, people do know the hoax was itself a 'hoax', right?