January 19, 2012
Feds Shut Down Megaupload.com File-Sharing Website
According to the AP, Federal prosecutors in Virginia have shut down one of the world’s largest file-sharing sites, Megaupload.com, and charged its founder and others with violating piracy laws.
The indictment accuses the company of costing copyright holders more than $500 million in lost revenue from pirated films and other content.
The indictment says at one point, Megaupload was the 13th most popular website in the world.
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