Thursday, January 19, 2012

Megaupload is down!

Feds say 7 from Megaupload.com ran massive worldwide piracy website

McLEAN, Va. – Federal prosecutors have shut down one of the world's largest file-sharing sites, Megaupload.com, on charges of violating piracy laws -- a day after a 24-hour blackout of popular websites such as Wikipedia drew national attention to the issue.

"This action is among the largest criminal copyright cases ever brought by the United States," the Justice department said in a statement about the indictment.

The indictment accuses seven individuals and two corporations -- Megaupload Limited and Vestor Limited -- of costing copyright holders more than $500 million in lost revenue from pirated films and other content. It was unsealed on Thursday, and claims that at one point Megaupload was the 13th most popular website in the world.

Megaupload was unique not only because of its massive size and the volume of downloaded content, but also because it had high-profile support from celebrities, musicians and other content producers who are most often the victims of copyright infringement and piracy. Before the website was taken down, it contained endorsements from Kim Kardashian, Alicia Keys and Kanye West, among others.

The Hong Kong-based company listed Swizz Beatz, a musician who married Keys in 2010, as its CEO. Beatz declined to comment through a representative.

The individuals in the criminal enterprise each faces a maximum penalty of 20 years in prison on racketeering charges, five years for conspiracy to commit copyright infringement, 20 years on money laundering charges and five years on related charges.

Megaupload was led by colorful Australian Kim Dotcom -- aka Kim Schmitz, or Kim Tim Jim Vestor. He is a a resident of both Hong Kong and New Zealand, and a dual citizen of Finland and Germany, who legally changed his last name to "Dotcom."

4 comments:

  1. http://Megavideo.bz <-- new Megaupload address

    Anonymous unite, everything is for the people and only for the people.

    ReplyDelete
  2. "Anonymous unite, everything is for the people and only for the people."

    Does theft of PRIVATE PROPERTY mean anything to you?!?!?!
    Are you some kind of COMMIE, Anony?

    ReplyDelete
  3. Dharma has not copyright. Buddha did'nt say: sell my truths, do great selling religions. Religion is not a product, it's a matter of spirit. There are two ways: one is the way to money, other is the way to dharma.

    ReplyDelete
  4. @Anonymous Jan 20, 2012 03:20 AM

    When I have cash, I pay some of the authors some of the work they "own".

    ReplyDelete