• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Price & Market
Cap Data from
Nomics Logo Nomics Logo
Bitcoinist.com
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
Bitcoinist.com
No Result
View All Result
Nexo

Mega Upload Creator Faces Extradition

Jamie Redman by Jamie Redman
5 years ago
in Breaking Bitcoin News, Breaking News, Technology, Trending
1

New Zealand — December 23, Bitcoin enthusiast and Mega Upload creator Kim Dotcom can now be extradited to the United States. Dotcom with three others face U.S. authorities for transgressions of money laundering, copyright infringement and other charges. The current resident of New Zealand has been battling the courts now for quite some time and won’t be creating new projects anytime soon.

Also read: Bitwalking Wants to Pay you Cryptocurrency for Walking Every Day

3844686-3x2-940x627Kim Dotcom had plans on creating a new Mega enterprise called — Meganet — telling press via Skype from his home a few months ago. According to what he told Business Insider the service would be quite powerful acting like a Mesh Net type network, Dotcom explains,“If you install the Meganet app on your smartphone in the future, what you allow Meganet to do is to use your smartphone when it is idle, to use the processing power of your smartphone, if you have 100 million smartphones that have the MegaNet app installed, we’ll have more online storage capacity, bandwidth and calculating power than the top 10 largest websites in the world combined.” However, the Mega-creator hasn’t been able to work on the project lately due to his criminal charges and conspiracy issues over the past few months. Recently the avid Bitcoin supporter said a Chinese grifter, Hollywood and the government of New Zealand has acquired his business without his consent. Dotcom stated:

“The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control.” — Kim Dotcom

megaupload-song-hits-big-on-the-web-umg-tries-to-take-it-downAt the time, this Bitcoinist reporter reached out with Dotcom back in early October of last year for an interview. I had made contact with the Mega-creator and immediately lost contact as it seemed his trial proceedings most likely became more hectic. Now the Auckland courts have ruled that all four men are eligible for extradition Dotcom’s life will probably get busier. The New Zealand resident faces up to 20 years in prison for the charges brought against him. Dotcom faced criminal proceedings for copyright infringement and profiting 175 million. The Mega-creator denied profits to the tune of 500 million the music and film industry alleges. In 2012, authorities ceased Mega’s online operations and New Zealand police raided Dotcoms home for more evidence. The extradition hearing generated in 2015 and is haunting the man’s future as the days pass. When the Auckland proceedings ended Dotcom told the press he was “disappointed” and later his legal team, Ira Rothken, said via Twitter: “The Kim Dotcom team looks forward to having the US request for extradition reviewed in the High Court.” After the court procedures had ended for the time being Dotcom also spoke up on Twitter:

“My team and I just had a good read of today’s court decision. Its weak and a Christmas gift in disguise. Woohoo!! #Appeal” — Kim Dotcom

Thank you for your support. The fight goes on. Enjoy the holidays. I'm happy to be with my kids. There are bigger things than copyright :-)

— Kim Dotcom (@KimDotcom) December 23, 2015

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

With the court case hanging over Dotcom’s head he has seemed quite optimistic via social media. His Meganet creation was to be powered by Bitcoin technology and censorship resistant for the masses. He explains, “How would you like a new Internet that can’t be controlled, censored or destroyed by Governments or Corporations? I’m working on it — MegaNet.” But now his design of a new Mega platform may have to wait and he may be traveling to the United States to face the justice system very soon. The Auckland Judge presiding over Dotcom’s case said there was a “large body of evidence” against the New Zealand defendant. Dotcom’s U.S. lawyer reveals to this broadcast that the extradition case may be taken to the Supreme Court and last up to four years. With that time frame maybe it’s possible he could complete Meganet? Bitcoinist will keep our readers up to date with any latest developments with this case.  

What do you think about the charges against Kim Dotcom? Let us know in the comments below. 


Images via Reuters, Kim Dotcom’s Web Site, and Wiki-Commons

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Jamie Redman

Jamie Redman

Jamie Redman is a crypto writer and a dragon on Tuesdays. Follow me on twitter @jamiecrypto

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2021 Bitcoinist.com. All Rights Reserved.
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.