US FED Raids New Zealand - Shuts Down Megaupload. Also Anonymous shutdown DOJ page

[Jackalope]

The owners of Pirate Bay were arrested charged and convicted in Sweden,and fined millions of dollars. They were young men with no assets. The Pirate Bay remained and remains running.

For what it's worth - TPB didn't (and doesn't) host any infringing content. They're an index, a search engine - much like google. The judgement against them was bullshit - it was simply more expedient to go after them than to go after people who were actually infringing on copyright.

As you said, the judgement really had zero effect - TPB continues to operate. Other sites (who also hosted no infringing content) have not been so fortunate.