Jim Hoft, founder of the Gateway Pundit,(Gateway Pundit) used company funds to help buy himself a Porsche and an oceanside Florida condo,(Business Insider, Shamsian, Newsham) and faced many defamation suits due to his articles on the platform, many causing him to file bankruptcy.(Missouri Independent, Hancock) (AP News, Brumback) (ACJ, Wickert) (NPR, Jingnan)