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Hackers vs. Feds Over Megaupload.com

Hackers vs. Feds Over Megaupload.com - The Justice Department has indicted seven individuals and two companies behind the popular file-sharing website megaupload.com, which has been touted by stars will.i.am, Kim Kardashian and Diddy, and, according to reports, has hip-hop producer Swizz Beats as its CEO.


The indictments, which do not include Swizz Beats, seemed to trigger a series of distributed-denial-of-service attacks, apparently by the hacker group Anonymous, that hobbled several federal and entertainment industry websites.

The indictment alleged that megaupload.com and a shell company associated with the website, Vestor Limited, caused an estimated half-billion dollars in copyright losses and made an estimated $175 million in proceeds. The website was established in 2005 and at one point ranked as the 13th most-visited website on the Internet.

The feds indicted the site's founder, Kim Dotcom, a.k.a. Kim Schmitz, a 37-year-old resident of Hong Kong and New Zealand. He was arrested in New Zealand by New Zealand authorities.

continue reading >> Megaupload.com Gets Hit by Mega Piracy Indictment; Hackers Attack Feds, Entertainment Industry

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