- General
- July 5, 2018
- 4 minutes read
Kim Dotcom loses latest legal case against U.S. Extradition
image credit : Wikimedia / Robert O’Neill [CC BY-SA 4.0] German-Finnish internet entrepreneur and Megaupload founder Kim Dotcom who recently…
image credit : Wikimedia / Robert O’Neill [CC BY-SA 4.0]
German-Finnish internet entrepreneur and Megaupload founder Kim Dotcom who recently fell into legal hassles after being charged with copyright infringement, money laundering and other legal issues over the use of Megaupload which at its peak was responsible for 4% of all internet traffic which was said to have been a medium for transferring of copyrighted files which is said to have cost the owners of these copyrighted content over $500 million in revenues as its copyrighted content was downloaded illegally on the site has now lost a case concerning the probability of him being extradited to the U.S. where he has been indicted on various charges concerning this case.
Kim who was arrested in a much reported raid on his New Zealand mansion 6 years ago but was released on bail soon after has since been involved in court cases concerning those charges has along with three of his colleagues lost a latest bid to avoid extradition to the U.S. to face the various charges leveled against them.
With this case being lost, Whether Kim whose surname related with the late 1990s Dotcom bubble which first made him a fortune will be extradited to the U.S. now lies on a decision from New Zealand’s Supreme Court although Kim’s lawyer has stated that this decision will be reviewed with the New Zealand court as Kim’s team seeks to appeal the decision.
Kim has argued that Megaupload actively tried to avoid copyright infringement on its platform denying the accusations brought against him stating that Megaupload was a file sharing site and should not be held responsible for what its users uploaded to the platform.
Kim also notably has had assets worth millions of dollars seized from him with several legal battles over those assets being lost while some assets have been unlocked for Kim who U.S. prosecutors have said that his Megaupload service raked in at least $175 million from copyrighted content.
We would now watch and see what decision will be made over Kim’s case and if an extradition will ever be ruled for Kim and his colleagues who haven’t yet been declared guilty or innocent of any of the associated charges which have been made against them.