Megaupload Founder Kim Dotcom Walks Free on Bail
By on February 29th, 2012

We all know how Megaupload was shutdown accompanied with the dramatic arrest of its flamboyant founder Kim Dotcom. The arrest was made on January 20, and it has been over a month since then. Shortly after his arrest, Kim Dotcom applied for a bail, but his application was rejected soon. After a month, on February 22, Kim Dotcom filed another bail request, which was granted eventually. The judge found it unlikely that he would flee New Zealand.

However, the prosecutors acting on behalf of the US Government appealed that he might still attempt to flee. Sadly, this appeal was rejected on Wednesday as Kim Dotcom’s bank accounts have been frozen. This makes it unlikely for him to attempt to flee. Torrent Freak writes,

The prosecution, acting on behalf of the US Government, argued that Dotcom had hidden resources that would enable him to flee the country should he be granted bail. Although four additional bank accounts in the Philippines were discovered, all of them were empty, and the Judge concluded that there was no evidence of significant funds elsewhere.

The US appointed prosecutors cried foul when two more bank accounts were discovered shortly after his bail, with $2000 in them. They also tried to present the possibility of Kim Dotcom having access to forged travel documents, but in vain.

Therefore, currently, Kim Dotcom is free on bail. The US Government is attempting to extradite Kim Dotcom for trial in the US, though the case is expected to begin only in July.  Kim Dotcom has four months until then. In an attempt to put pressure on Kim Dotcom, the US Government is also trying to implicate Kim’s wife Mona Dotcom for a possible involvement in Megaupload.

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Author: Chinmoy Kanjilal Google Profile for Chinmoy Kanjilal
Chinmoy Kanjilal is a FOSS enthusiast and evangelist. He is passionate about Android. Security exploits turn him on and he loves to tinker with computer networks. He rants occasionally at Techarraz.com. You can connect with him on Twitter @ckandroid.

Chinmoy Kanjilal has written and can be contacted at chinmoy@techie-buzz.com.

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