Kim Dotcom Denied Bail In MegaUpload Case

That bail hearing scheduled for Monday in the MegaUpload conspiracy trial didn’t go as well as Megaupload founder Kim Dotcom had hoped. It looks like he’s going to remain in custody for a few more weeks.

A New Zealand court today announced that Kim Schmitz, aka Kim Dotcom, the founder of Megaupload, has been denied bail. He is currently facing extradition back to the USA on internet piracy and money laundering charges to the tune of some $US175 million. Dotcom will now remain in custody until his next hearing on February 22. Prosecutors had argued that Dotcom posed “flight risk at the extreme end of the scale” because he was believed to have access to the funds and multiple identities needed to make a run for it, as well as a history of doing so. The other three Megaupload employees nabbed in Saturday’s raid have also contested their incarceration though no decision has yet been reached. [Yahoo]

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(4 Comments)
  • [–]

    Womp

    Wednesday, January 25, 2012 at 3:03 PM

    Extradition back to the USA? But isnt he German?

  • [–]

    andrew

    Wednesday, January 25, 2012 at 6:01 PM

    the copyright infringement charges are from the US

    • [–]

      Womp

      Wednesday, January 25, 2012 at 9:29 PM

      Yes, but the dude is not, they can extradite him to the USA but I do not see how they can extradite him BACK to the USA when he is from Germany.

  • [–]

    atomicsupercock

    Tuesday, January 31, 2012 at 10:56 AM

    multiple personalities and multiple identities. maybe he is german and us citizen…like obama

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