Indictment Charges Megaupload Site With Piracy
By THE ASSOCIATED PRESS
Published: January 19, 2012
McLEAN, Va. — Federal prosecutors in Virginia say they have shut down one of the world’s largest Internet file-sharing sites, Megaupload.com,and charged its founder and others with violating piracy laws.
An indictment accuses the company of costing copyright holders more than $500 million in lost revenue from pirated films and other content. The indictment was unsealed Thursday, one day after Web sites shut down in protest of two Congressional proposals intended to thwart the online piracy of copyrighted movies and TV programs.
Megaupload.com has claimed it is diligent in responding to complaints about pirated material.
The indictment says that at one point, Megaupload was the 13th most popular Web site in the world.
Update: The WSJ says seven Megaupload employees are under arrest, with four already locked down—four of them in New Zealand! No word if one of them is Swizzy himself.
Update 2: As of 13 hours ago on Twitter, Mr. Beatz did not seem to give a **** about anything.
Update 3: The AP reports the following statement from Megaupload: "The fact is that the vast majority of Mega's Internet traffic is legitimate, and we are here to stay. If the content industry would like to take advantage of our popularity, we are happy to enter into a dialogue. We have some good ideas. Please get in touch."
Well, not really, no.
Update 4: The Department of Justice has issued a gleeful statement regarding the takedown, coordinated with police around the world, calling it "among the largest criminal copyright cases ever brought by the United States," and listed the individual charged with "racketeering conspiracy, conspiring to commit copyright infringement, conspiring to commit money laundering and two substantive counts of criminal copyright infringement."
Link For The Updates: Feds Kill Megaupload (Updated)