File sharing service MegaUpload is seized by FBI. The owner Kim Dotcom (he has legally changed his surname to DotCom from Schmitz) is arrested by FBI. They seized his all assets.
Why MegaUpload is seized?
They were awarding the file uploaders by paying for downloads. MegaUpload didn’t removed illegal and copyrighted content from their servers. The main reason is about piracy.
Who is Kim Dotcom?
Kim is an old hacker. He was charged for 20 months because of internet hacking activity. Then he escaped to Taiwan. He earned a big wealth from MegaUpload. He has “dotcom mansion” in New Zealand. He feeds giraffes in his farm, he has 18 luxury cars. He has arrested with 16 million GBP cash in his mansion.