MegaUpload Site Shut down by FBI

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The worlds one of the most popular file sharing websites — Megaupload — has been shut down by federal prosecutors in the United States.

 The site was hit by a major federal indictment against piracy. The founders of the site were accused of causing copyright holders to lose $500 million in revenue. Although the site is based in Hong Kong, it operated on some servers that were located in Virginia, in the United States. Arrests were made of Kim Dotcom, a Dutch citizen and three other employees in New Zealand at the request of the United States officials.
The timing of the takedown comes after websites across the internet, such as Wikipedia and Reddit went down for up to 24 hours in protest of SOPA/PIPA.
Just before the site was taken down today, it posted a statement on its homepage saying that claims they facilitated copyright infringement were ”grotesquely overblown” and went on to say ”The fact is that the vast majority of Mega’s Internet traffic is legitimate, and we are here to stay. If the content industry would like to take advantage of our popularity, we are happy to enter into a dialogue. We have some good ideas. Please get in touch.”

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Tarun Arora

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