US government hits Megaupload with mega piracy indictment

Friday, January 20th, 2012 | Filed under Cyberthreats,Headline | Posted by

“The US government has closed down one of the world’s largest filesharing websites, accusing its founders of racketeering, money laundering and presiding over “massive” online piracy.

According to prosecutors, Megaupload illegally cheated copyright holders out of $500m in revenue as part of a criminal enterprise spanning five years.”

Source: US government hits Megaupload with mega piracy indictment | Technology | guardian.co.uk

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