A final setback for Kim Dotcom in exchange for his extradition from New Zealand

A final setback for Kim Dotcom in exchange for his extradition from New Zealand

New Zealand’s highest court on Tuesday rejected Kim.com’s last resort against extradition to the United States, where the Megaupload.com founder is accused of industrial-scale piracy.

The Wellington High Court rejected the appeal of the German citizen and two of his co-defendants, ignoring their argument that they faced a miscarriage of justice.

The German giant suspected of embezzling millions of dollars through its popular online download platform is accused in the United States of fraud, extortion and money laundering, and Its founder faces up to 20 years in prison.

It has been the last resort of the internet man, real name Kim Schmitz, nearly ten years after a stunning New Zealand police raid at the behest of the FBI in “Dotcom Palace‘, his luxury Auckland property, in January 2012.

During the long battle that followed, New Zealand justice rendered unfavorable verdicts against the German and the three other defendants, Matthias Ortmann, Bram van der Kolk, and Finn Patatou for whom the charges were dropped.

Kim Dotcom and his associates are suspected of making $175 million in illicit profits from their activities and causing losses of more than half a billion dollars to rights holders of pirated music, movies and other products.

Megaupload was one of the first examples of “cloud computing(Cloud computing), users can upload files stored on servers making them easily available for download.

At the height of its activity, in 2011, Megaupload accounted for 50 million daily users, 4% of global Internet traffic.

READ  Oil Problems - Why sacking Petrobras President Frightened Markets | Finance and economics

On the same topic…

Archive: JT Du 20/01/2012

Leave a Reply

Your email address will not be published. Required fields are marked *