The FBI on Thursday shut down popular file-sharing website Megaupload.com and charged the site’s founders and five others with running “an international organized criminal enterprise” responsible for “massive online piracy.”
Megaupload Limited and sister company Vestor Limited generated “more than $175 million in criminal proceeds” and caused “more than half a billion dollars in harm to copyright owners” through the piracy of “numerous types of copyrighted works,”according to FBI.
Seven people have been charged with online piracy crimes in an indictment, dated Jan. 5 and unsealed in northern Virginia. Four of those suspects are already in custody, authorities said.
Among those charged are site founders Kim Dotcom and Kim Tim Jim Vestor and Chief Marketing Officer Finn Batato.
Megaupload CEO Swizz Beatz, a rapper and producer and husband to pop star Alicia Keys, was not listed among those charged. Read More