Tag Archives: Kim Dotcom
Kim Dotcom allowed $49,000 in monthly living expenses
Brett Phibbs, AP Kim Dotcom, the founder of the file-sharing website Megaupload, speaks to reporters after he was granted bail and released in Auckland, New Zealand.
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Feds: Megaupload user data could be gone Thursday
AFP/Getty Images This video grab taken from pool video footage shows Megaupload founder Kim Dotcom, right, attending the North Shore court in Auckland on January 25, 2012.
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The megalife of Kim Dotcom
But the story of Kim Dotcom, 38, a German born as Kim Schmitz who liked to call himself King Kimble, reaches far beyond a cartoonish persona, self-promotion and a criminal record of pump-and-dump stock fraud.
The former computer hacker is the principle figure behind Megaupload, which U.S. prosecutors charge was a global empire that reaped a mega-fortune from illegal digital distribution of movies, songs and other copyright works.
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STORY: Megaupload’s Kim Dotcom denied bail; 5th arrest made
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MORE: Some file-sharing sites drop the sharing
In a New Zealand jail awaiting extradition to the USA on charges of racketeering, money-laundering and copyright crimes, Dotcom has found himself at the center of a high-stakes battle over Internet freedom vs. copyright protection. It
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Jailed Megaupload exec Kim Dotcom to appear in court Monday
Dotcom, whose original name was Kim Schmitz, is a roundish 6-foot-7 German with a record as a criminal hacker and a penchant for flaunting his wealth.
A 72-page indictment charges him and other officers of his Megaupload empire with racketeering, copyright infringement and money laundering.
Megaupload’s file-sharing websites were shut down last week. The indictment alleges that the company facilitated illegal downloads of copyright movies, music, TV shows and other content. It says the worldwide operation took in $175 million, most of it in subscription fees paid, often via PayPal, by members who gained access to downloads. It alleges the company paid cash to people who uploaded large amounts of copyright-protected content.
Dotcom’s $23 million home north of Auckland is considered New Zealand’s most expensive residence, and until it was raided, he enjoyed a playboy lifestyle. Authorities seized 18 vehicles, including a 2010
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What’s Megaupload.com all about?

(CNN) — Megaupload, the file-sharing website shut down Thursday by the U.S. federal government, is a Web hosting tool that now finds itself accused of being an online haven for digital pirates.
Many people probably never have heard of the site. But to millions, the 6-year-old site, based in Hong Kong, was a fast, easy way to store massive files in a “locker” online and then share them with friends or colleagues.
At various points in its history, Megaupload has been among the most popular websites in the world.
And it once had the support of some celebrities. A (really bizarre) YouTube video shows Kanye West, Kim Kardashian, P. Diddy and several other celebrities vouching for the site in an Article source: http://rss.cnn.com/~r/rss/edition_technology/~3/p8Uy0FzLO3E/index.html





