A federal court in Arizona has ordered the operators of LoveROMS.com and LoveRetro.co, Jacob and Cristian Mathias, to pay $12,230,000 after they admitted to copyright and trademark infringement. Nintendo sued the couple in July, calling their websites “the most open and notorious online hubs for pirated video games.”
It seems unlikely that the couple has this kind of money in the bank, or that a jury would have reached a similar figure. So why the high amount? We can only speculate, but it’s possible that Nintendo negotiated such a high number, on paper, to act as a deterrent for other site operators. In practice, the defendants could end up paying much less.
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Source: [H]ardOCP – Nintendo “Wins” Million from Pirate ROM Site Operators