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Megaupload's Kim Dotcom Makes Bail

By - Source: Fox New | B 27 comments

They say he's not a flight risk.

Megaupload founder (and current public enemy number one for the world's copyright holders) Kim Dotcom has been released on bail in New Zealand after spending a month behind bars. The conditions of his bail have not been made public, though it is confirmed that as the government of New Zealand has seized his assets, he is not considered a flight risk. In a statement issued shortly after his release, a chastened-sounding Dotcom said "I am relieved to go home to see my family, my three little kids and my pregnant wife. And I hope you understand that that is all I want to say right now."

Dotcom, born Kim Schmitz in 1974, was arrested along with three of his employees on January 20th, the same day Megaupload was shut down by U.S. authorities. They are facing five individual conspiracy charges, nine counts of money laundering, and copyright infringement charges. This means that even if they are not successfully prosecuted for violating copyright, they'll still be viewed as an organized crime outfit. Given Dotcom's massive Bond Villain estate and tendency to arrogantly taunt his accusers, perhaps it makes aesthetic sense. Still, the RICO charges appear to have a weaker foundation, mainly being centered around the suggestion that Megaupload dishonestly described its operations and derived the majority of its income from illegal file shares.

American authorities have until March 2 to file extradition paperwork to bring Dotcom to the US to stand trial. For reasons that are unclear, this paperwork has not yet been submitted. Information being scant, it would be irresponsible to speculate that the arrests served to justify taking Megaupload down rather than the reverse, though the fact that these arrests occurred the same day SOPA and PIPA were shelved is an interesting coincidence. Should the U.S. fail to file for extradition, Dotcom will face charges in New Zealand courts. For now, he has returned to the 4.3 million dollar home he was permitted to keep when his other assets were frozen. Presumably, he won't be allowed to sell it.

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Top Comments
  • 13 Hide
    jkflipflop98 , February 22, 2012 11:38 PM
    slabbohe should have bought tons of gold. would they be able to seize his gold bars from his home too?



    "They" can take whatever they feel like taking. Who watches the Watchmen?
  • 11 Hide
    silver565 , February 23, 2012 12:24 AM
    As a New Zealander I can tell you that our government was whipped into doing this. No one in NZ gives a toss about copyright, however the U.S leaned on us and made the police work with the FBI
  • 10 Hide
    lpedraja2002 , February 23, 2012 12:09 AM
    Whoa check out this guy's house:
    http://tinyurl.com/8y8p3xf


    Bond villain? Possibly. Damn, no wonder he drew that much attention.
Other Comments
    Display all 27 comments.
  • -4 Hide
    slabbo , February 22, 2012 11:29 PM
    he should have bought tons of gold. would they be able to seize his gold bars from his home too?
  • 7 Hide
    Anonymous , February 22, 2012 11:37 PM
    Good job american!! you just shut down the best file transferring site on the Internet.
  • 13 Hide
    jkflipflop98 , February 22, 2012 11:38 PM
    slabbohe should have bought tons of gold. would they be able to seize his gold bars from his home too?



    "They" can take whatever they feel like taking. Who watches the Watchmen?
  • 7 Hide
    Anonymous , February 22, 2012 11:41 PM
    I like the Petronas tower shot . Brilliant and with BALLS !!!! He is not going to jail and not being extradited, my bet.
  • 3 Hide
    omega21xx , February 22, 2012 11:44 PM
    slabbohe should have bought tons of gold. would they be able to seize his gold bars from his home too?

    Those would be considered an assest, most of his assets have already been taken, so I don't see why they wouldn't take gold bars from him as well if he had them.
  • 10 Hide
    lpedraja2002 , February 23, 2012 12:09 AM
    Whoa check out this guy's house:
    http://tinyurl.com/8y8p3xf


    Bond villain? Possibly. Damn, no wonder he drew that much attention.
  • 8 Hide
    thesnappyfingers , February 23, 2012 12:16 AM
    lpedraja2002Whoa check out this guy's house:http://tinyurl.com/8y8p3xfBond villain? Possibly. Damn, no wonder he drew that much attention.


    That house has wings...my house is a square :( 
  • 11 Hide
    silver565 , February 23, 2012 12:24 AM
    As a New Zealander I can tell you that our government was whipped into doing this. No one in NZ gives a toss about copyright, however the U.S leaned on us and made the police work with the FBI
  • 1 Hide
    kcorp2003 , February 23, 2012 12:25 AM
    lpedraja2002Whoa check out this guy's house:http://tinyurl.com/8y8p3xfBond villain? Possibly. Damn, no wonder he drew that much attention.


    wow that one beautiful house. i have a 1 bedroom apartment & not much space to move around. i can only dream for the future if i get hired after graduation lol.
  • 5 Hide
    dalethepcman , February 23, 2012 12:43 AM
    slabbohe should have bought tons of gold. would they be able to seize his gold bars from his home too?


    This would have been an awesome idea, if he had it smelted into a single multiple ton brick.
  • 2 Hide
    southernshark , February 23, 2012 1:02 AM
    Hopefully he was smart enough to have 10-20 million buried in secret accounts the Gov will never get. I hate MegaUpload, just because of the way it treats people outside of the USA (jacking your feed and re-directing you to their paid services), but I hate the GOV and its Gestapo even more.

    Enemy of my Enemy and all.........
  • -1 Hide
    fuzzion , February 23, 2012 1:57 AM
    A few good alternatives to megupload are bitshare and uploaded.to that can both be searched by search engine filestube.com.
  • 4 Hide
    aliened , February 23, 2012 1:58 AM
    those charges are a bunch of bullshit.
  • 2 Hide
    nebun , February 23, 2012 3:47 AM
    alienedthose charges are a bunch of bullshit.

    welcome to america...the land of the free and corrupt...wait i got it all wrong, or did i?
  • 0 Hide
    aftcomet , February 23, 2012 3:56 AM
    Is that his actual name? Kim "Dotcom"???
  • 8 Hide
    zachusaman , February 23, 2012 4:54 AM
    nebunwelcome to america...the land of the free and corrupt...wait i got it all wrong, or did i?

    you put an r in fee.
  • 7 Hide
    teodoreh , February 23, 2012 6:25 AM
    Guilty before even reaching the court. Thanks to FBI acting like Judge DREDD.

  • 0 Hide
    bin1127 , February 23, 2012 6:52 AM
    Even if all his assets are seized, he can go to the shire and live as a hobbit.
  • 2 Hide
    martel80 , February 23, 2012 7:32 AM
    Isn't the extradition decided by a judge? I thought judges were supposed to be independent/immune to political influence in civilized countries...
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