Why was Megaupload shutdown, the Federal prosecutors have shut down the world's largest file sharing website Megaupload on charges of violating privacy laws, this comes just a day after some of the World's largest website, including the likes of Wikipedia, Wordpress and Reddit a day's blackout over the issue.
According to charges Megaupload which is the worlds 13th most popular site has caused loses of over $500 million to copyright holders by proving pirated content. The case of Megaupload is different from most other file sharing sites because it enjoyed the support of some famous celebrities, artists and musicians. Before the website was taken down, it contained endorsements from Kim Kardashian, Alicia Keys and Kanye West, among others.
The feds also indicted the site's founder, Kim Dotcom, aka Kim Schmitz, a 37-year-old resident of Hong Kong and New Zealand. He was arrested in New Zealand by New Zealand authorities.
The indictment accuses the suspects of being members of "the Mega Conspiracy, a worldwide criminal organization whose members engaged in criminal copyright infringement and money laundering on a massive scale."
According to charges Megaupload which is the worlds 13th most popular site has caused loses of over $500 million to copyright holders by proving pirated content. The case of Megaupload is different from most other file sharing sites because it enjoyed the support of some famous celebrities, artists and musicians. Before the website was taken down, it contained endorsements from Kim Kardashian, Alicia Keys and Kanye West, among others.
The feds also indicted the site's founder, Kim Dotcom, aka Kim Schmitz, a 37-year-old resident of Hong Kong and New Zealand. He was arrested in New Zealand by New Zealand authorities.
The indictment accuses the suspects of being members of "the Mega Conspiracy, a worldwide criminal organization whose members engaged in criminal copyright infringement and money laundering on a massive scale."
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