MegaUpload founder's asset ruled "null and void" by NZ judge
The raid on Dotcom's property was first conducted in January when US and New Zealand law enforcement officials shut down MegaUpload, claiming that the site was being used for online piracy. Dotcom and several other MegaUpload team members were arrested and $200 million in assets were seized, including freezing bank accounts and taking away a number of Dotcom's luxury sports cars.
However, The New Zealand Herald reports that on Friday law enforcement officials admitted they had made a "procedural error" in regards to ordering the original raid on MegaUpload and Dotcom's assets. The paperwork was applied to an order that did not allow Dotcom to launch his own defense.
After the raid, the mistake later corrected with law enforcement officials submitting the proper paperwork and retroactively listing all of MegaUpload's assets as being seized. However, this is just a temporary measure until the judge in the case, Justice Judith Potter, rules on whether or not Dotcom can get his assets back due to the original mistake.
Posted:
Source: http://www.neowin.net/news/megaupload-founders-asset-ruled-null-and-void-by-nz-judge
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xSHiiFTPosted:
DrPhil321 MegaUpload has been profiting from other people work for years. They were bound to be shut down sooner or later. And it's about time too.Their main profits were from advertisements and premium memberships. They technically didn't profit from "other people's work," people chose to upload pirated content to MegaUpload because it was simple and easy. Plus you can't say MegaUpload didn't try to stop pirated content from being uploaded because I came across a good amount of uploads that were taken down.
DrPhil321Posted:
MegaUpload has been profiting from other people work for years. They were bound to be shut down sooner or later. And it's about time too.
SzonerPosted:
funsnipes Kim should get charged with nothing,after all,it wasn't her that uploaded pirated materialKim dot com is a man just to let you know
funsnipesPosted:
Kim should get charged with nothing,after all,it wasn't her that uploaded pirated material
KernowPosted:
Megaupload was useful, most download i used were on that site.
He should get his assets back
He should get his assets back
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