Update: As The Verge reports, the indictment itself doesn’t mince any words, calling Megaupload an “international organized criminal enterprise allegedly responsible for massive worldwide online piracy,” and alleging that Megaupload founder Kim Dotcom et al generated more than $175 million in “criminal proceeds.” Those charges also come with some potentially hefty prison sentences, including a maximum 20 years for conspiracy to commit racketeering, five years for copyright infringement, 20 years for money laundering, and five years for each of the substantive charges of criminal copyright infringement.
[Thanks to everyone who sent this in]
Federal prosecutors shut down Megaupload file-sharing site, founders charged originally appeared on Engadget on Thu, 19 Jan 2012 15:35:00 EDT. Please see our terms for use of feeds.
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Federal prosecutors shut down Megaupload file-sharing site, founders charged