U.S. Moves Closer To Extraditing Kim Dotcom

U.S. Moves Closer To Extraditing Kim Dotcom

Kim Dotcom has lost the latest legal battle with the U.S. in a New Zealand Court of Appeal, but he won’t be coming to the U.S. just yet. The U.S. has been trying to extradite Dotcom on allegations of enabling users of MegaUpload to store pirated music, movies and other media. He tried to force the U.S. to turn over its evidence against him before his extradition, but the New Zealand Court of Appeal ruled that the U.S. would not have to do that.

U.S. Moves Closer To Extraditing Kim Dotcom

The U.S. has been trying to extradite Dotcom for about a year on money laundering and digital piracy. According to the case filed by the U.S. government, Kim Dotcom’s site resulted in $500 million in losses for copyright holders.

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david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasIn his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More

The Wall Street Journal reports that Kim Dotcom will likely take his case to the Supreme Court of New Zealand. He also went on his Twitter account and avidly spoke out against the ruling. He urged users to support his new Mega site, which was launched in January to unbelievable demand.

Kim Dotcom tweeted, “The best way to support us is to use & promote #Mega. Tell all your friends.” He also tweeted that he was disappointed about the court ruling and that “good faith & US govt” don’t go together. In addition, he said he would “sleep like an innocent baby.”

Dotcom’s new Mega site has continued to anger copyright owners. He has also included a crowd-sourced search engine, which enables Mega’s users to share the media files they have uploaded to their own cloud storage areas.

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