01-25-2012, 06:05 PM
http://www.infoworld.com/d/the-industry-...ing-184576
MegaUpload, one of the largest file-sharing sites on the Internet, has been shut down, on charges that it has caused the entertainment industries more than $500 million in lost revenue and generated $175 million “in criminal proceeds” via advertising sales and membership fees.
Two corporations – Megaupload Limited and Vestor Limited – were indicted by a grand jury in the Eastern District of Virginia and charged with “engaging in a racketeering conspiracy, conspiring to commit copyright infringement, conspiring to commit money laundering and two substantive counts of criminal copyright infringement.” Founder Kim Dotcom and six others were charged, each facing a maximum of 55 years in prison if convicted on all counts. A total of 18 domains connected to the Mega company were seized and datacenters in three countries raided, leading to the loss of millions of personal files owned by uploaders. http://torrentfreak.com/feds-please-retu...ad-120120/
What kills me is how they are repeatedly called a "gang" and a "piracy ring". I for one have used megaupload for perfectly legitimate reasons... sharing powerpoints, that kind of stuff. The charges frame them as active traffickers, which isn't accurate
MegaUpload, one of the largest file-sharing sites on the Internet, has been shut down, on charges that it has caused the entertainment industries more than $500 million in lost revenue and generated $175 million “in criminal proceeds” via advertising sales and membership fees.
Two corporations – Megaupload Limited and Vestor Limited – were indicted by a grand jury in the Eastern District of Virginia and charged with “engaging in a racketeering conspiracy, conspiring to commit copyright infringement, conspiring to commit money laundering and two substantive counts of criminal copyright infringement.” Founder Kim Dotcom and six others were charged, each facing a maximum of 55 years in prison if convicted on all counts. A total of 18 domains connected to the Mega company were seized and datacenters in three countries raided, leading to the loss of millions of personal files owned by uploaders. http://torrentfreak.com/feds-please-retu...ad-120120/
What kills me is how they are repeatedly called a "gang" and a "piracy ring". I for one have used megaupload for perfectly legitimate reasons... sharing powerpoints, that kind of stuff. The charges frame them as active traffickers, which isn't accurate
PS. If you can, try your hand at giving some of the others a bit of feedback. If you already have, thanks, can you do some more?