Megaupload Is Shut Down By The FBI For Piracy, Swizz Beats Is Outed As The Website’s CEO
The war on piracy is far from over, despite the massive SOPA and PIPA protests that flooded the Internet yesterday — authorities are refusing to back down, and in a show of how serious they really are about piracy, today the FBI shut down Megaupload and made several arrests as well. Megaupload, one of the world’s most ubiquitous file sharing services, claims to have 50 million daily users who upload documents and movies which others are then free to download. In conjunction with the closure, seven people have been indicted on the charges of conspiracy to commit racketeering and criminal copyright infringement, with four people already in custody. According to the charges, Megaupload has caused $500 million in loses for copyrighters and earned the business more than $175 million. Continue reading “Megaupload Is Shut Down By The FBI For Piracy, Swizz Beats Is Outed As The Website’s CEO” »
