New Zealand High Court Supports Kim Dotcom´s Extradition To The US
Megaupload founder Kim Dotcom has suffered a major setback in New Zealand´s court, given the fact that the nation´s high court Judge Murray Gilbert upheld an earlier decision finding that he and his business associates can now be extradited to the U.S. to face 13 charges, including money laundering, wire fraud, allegations of conspiracy to commit racketeering and copyright breaches.
Kim Dotcom Might Face 20 Years In Prison
This decision represents the latest chapter of a long-running history following the shutdown and seizure of assets related to Kim Dotcom´s file-sharing service company. In fact, it is believed that he will serve 20 years in prison if convicted in the U.S. of piracy, which the authorities claimed that costs copyright hundreds of millions of dollars.
Back in 2012, the U.S. Department of Justice arrested Kim Dotcom in a dramatic police raid on his mansion near Auckland, after the FBI managed to shutdown Megaupload´s servers and filed criminal charges against him, as well as Mathias Ortmann, Bram van der Kolk, and Finn Batato. Since that moment, Dotcom and the rest of Megaupload´s co-founders have been fighting extradition, claiming that the company was a genuine sharing site and did its biggest effort to police any kind of copyright infringement, but had more than 45 million daily users and couldn't control every detail of their activity.
New Zealand Doesn´t Have An Equivalent To Copyright Crime
While Kim Dotcom has denied any wrongdoing and has even accused the U.S. authorities of pursuing a vendetta against him, the FBI alleged that his company netted more than $175 million in criminal proceeds, and even cost copyright owners more than $500 million by offering pirated content.
Although New Zealand´s legal decision means that Kim Dotcom might face charges in the U.S., many analysts believe that this could actually mean a small victory for him, given the fact that the judge´s ruling agreed with one of his arguments-that this country doesn't have an equivalent copyright crime that could be use on the extradition treaty. Nevertheless, the fraud and racketeering charges were ruled by the High Court, and these crimes could legally be use to get Dotcom extradited.
The Most Important Tech Leaders That Are CEOs Of Two Companies
It is noteworthy that there are honchos of giant tech companies that manage to fulfill their roles and dreams being CEOs of two firms.
Incredible Facts You Didn´t Know About Twitter´s CEO Jack Dorsey
Although Twitter is facing the most difficult moment in its history, Jack Dorsey bought $7 million of its stocks in order to show an optimistic picture to investors and increase his power as CEO.
BlackBerry Faces A $20 Million Employee Lawsuit
Although it is expected that BlackBerry will solve the controversial lawsuit filed by hundreds of its employees, what remains unknown is how much it would harm its image before the release of its highly expected mobile devices.
US Marines Robot Soldiers And 'Hypersubs' Storm Beaches During War Demo
The US Marines prepare for a more futuristic warfare as they have been secretly testing robot soldiers and hypersubs for the past few weeks. These new machines were evaluated on how they perform in realistic scenarios.
Tesla Inches Closer To Catching Up With General Motors As Best US Car Maker
After surpassing Ford's market value on Monday, Tesla now inches closer to GM's top spot as most valuable US car company. The popular and fast rising company still continues to rise as profits are projected to rise some more despite some criticism over its value.
MORE IN ITECHPOST
How Scars are Formed and How to Remove It
Scar formation is a result of a biological process in skin after an injury or trauma. It is formed when the dermis layer of the skin is damaged. It is our body's way to repair tissues and organs and is a natural part of the healing process. A scar tissue is composed of the same type of collagen it is replacing with. Scars lacks elasticity compared to normal tissue. There are different degrees of scarring depending on the injury the tissue is subjected to.
Choice of Right Tools To Practice Forex Trading
Simply put, Forex trade is the exchange of national currencies between two entities at an agreed, fixed rate. The entities can be individuals, companies or central banks, and the rate is always dynamic—it keeps fluctuating all the time.
Astronomers Discover 'Monster' Galaxy Lurking in Distant Dust Clouds
UMass Amherst, Arizona, Australian team finds new evidence for huge deep space objects
'The Outer Worlds' Pre-Order Guide Plus Game Details Roundup
"The Outer Worlds" is only days away, and fans can pre-order the game.