Pirate Bay's Anonymity Service Makes Close To $800.000 Monthly

Called IPREDator, the name stems from the controversial Intellectual Property Rights Enforcement Directive (IPRED) in Sweden that will allow copyright holders to retrieve personal details of suspected copyright infringers. The IPREDator was to make its public debut--in beta form--at the same time Sweden's IPRED law came into play (last Wednesday) and aims to protect uses by offering anonymous transfers while charging a $6.80 monthly fee in the process. High demand delayed the service from going live on April 1.

Wired today reports that some 113,000 people have signed up and are in queue for the IPREDator service, with Swedes accounting for about 80 percent (just over 90,000).