Friday, January 20, 2012

File-Sharing Site MegaUpload In FBI Raid ... is reporting that suspected download piracy site - which helps users find possibly illegal files on other sites - has been raided by the FBI and closed, with it's executives indicted by the Justice Department in what the authorities said was “among the largest criminal copyright cases ever brought by the United States.”

The FBI said that it had executed more than 20 search warrants in the United States and eight other countries, seizing $50 million in assets.

Visitors to the Megaupload site (which gets about 50 million hits daily, were greeted with a message from the Justice Department :
”This domain name associated with the website has been seized pursuant to an order issued by a U.S. District Court.”
Megaupload, which has 150 million members for its file-sharing service, was on the recording and movie industries "most-hated" lists.