was formed to buy an island instead, but this too was never implemented, despite the website having raised US$25,000 (€15,000) in donations for this cause. The P2P news blog TorrentFreak reported on 12 October 2007 that the Internet domain ifpi.com, which previously belonged to the International Federation of the Phonographic Industry, an anti-piracy organisation, had been acquired by The Pirate Bay. When asked about how they got hold of the domain, Sunde told TorrentFreak, "It's not a hack, someone just gave us the domain name. We have no idea how they got it, but it's ours and we're keeping it." The website was renamed "The International Federation of Pirates Interests" However, the IFPI filed a complaint with the World Intellectual Property Organization shortly thereafter, which subsequently ordered The Pirate Bay to return the domain name to the IFPI. Cryptocurrency On 12 May 2021, The Pirate Bay launched Pirate Token, a BEP-20 token, to be used to sustain its community and develop tools for the website. Incidents May 2006 raid On 31 May 2006, a raid against The Pirate Bay and people involved with the website took place as ordered by Swedish judge Tomas Norström, later the presiding judge of the 2009 trial, prompted by allegations of copyright violations. Police officers shut down the website and confiscated its servers, as well as all other servers hosted by The Pirate Bay's Internet service provider, PRQ. The company is owned by two operators of The Pirate Bay. Three peopleGottfrid Svartholm, Mikael Viborg, and Fredrik Neijwere held by the police for questioning, but were released later that evening. All servers in the room were seized, including those running the website of Piratbyrån, an independent organisation fighting for file sharing rights, as well as servers unrelated to The Pirate Bay or other file sharing activities. Equipment such as hardware routers, switches, blank CDs, and fax machines were also seized. The Motion Picture Association of America (MPAA) wrote in a press release: "Since filing a criminal complaint in Sweden in November 2004, the film industry has worked vigorously with Swedish and U.S. government officials in Sweden to shut this illegal website down." MPAA CEO Dan Glickman also stated, "Intellectual property theft is a problem for film industries all over the world and we are glad that the local government in Sweden has helped stop The Pirate Bay from continuing to enable rampant copyright theft on the