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Bare Knuckle Fighting Championship sued for 40% ownership stake

According to Paul Gift, writing for Forbes.com, Bare Knuckle Fighting Championship (BKFC) is being sued for a 40% ownership stake by an individual who claims to be an early investor in the brand.

BKFC began operating two years ago after bare knuckle boxing became sanctioned in Wyoming. The sport is now sanctioned in multiple states across the U.S., leading to a number of bare knuckle promotions being created.

Of those promotions, BKFC is arguably the most popular. The organization has produced 10 pay-per-view events during its lifespan and has attracted a number of recognizable talents from the world of MMA, such as Bec Rawlings, Jason Knight, Thiago Alves and Hector Lombard.