Federal prosecutors in Virginia have shut down notorious file-sharing site Megaupload.com and charged the service’s founders with violating piracy laws. The Associated Press broke the story on Thursday, reporting that the indictment accuses Megaupload.com’s owner with costing copyright holders including record labels and movie studios more than $500 million in lost revenue. Seven people tied to Megaupload.com have been charged and four are already in custody, including the site’s founder Kim Dotcom. Dotcom earned $42 million from the the site in 2010 according to the indictment. Megaupload.com allowed users to upload and share content without any measures in place to ensure files being hosted on the site’s servers were not protected by copyright. The company claims that it responded to copyright complaints as they were received. According to court documents made available on Thursday, Megaupload.com was at one point the 13th most trafficked website in the world.
Megaupload.com shut down, founder charged with violating piracy laws
Updated Dec 19th, 2018 7:43PM EST
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
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