Wednesday, February 22, 2012

Megupload founder Kim Dotcom bailed





The German-Finnish,computer programmer and businessman who rose to to top after he released the Mega Upload way back  21 of March 2005, 6 years ago. He was jailed last week and now bailed out as he was tagged as an "extreme flight risk" due to his connections and his money to get out of the country according to the Judge of New Zealand .


    Last 17 February Mr Dotcom was charged with three new criminal copyright counts and five new wire fraud counts.

    That is on top of one count of racketeering, one count of conspiracy to commit money laundering and two counts of criminal copyright infringement charges with the use of Megaupload and other relative file sharing websites under his foundation .

    FileSonic, FileServe and Uploaded.to (arguably the next 3 biggest filesharing sites, excluding Rapidshare) have abruptly cut off the sharing of movies, games and other software just days after the US Justice Department closed down Megaupload, the largest such site.

  • Megaupload rose to its prominent status after achieving a record high on the following 
  • 13th most visited site on the internet
  • 4% of ALL internet usage worldwide
  • 50 million hits a day
  • 1 billion visitors a month
  • $200,000 US a day in advertising revenue