On Thursday, the U.S. Department of Justice shut down MegaUpload, one of the world’s largest file-sharing websites amid allegations that the site violated piracy and copyright laws.
The Hong Kong-based company, which was initially reported to be headed by Kasseem “Swizz Beatz” Dean (view details below), came under fire last month following news that Universal Music Group had ordered a video showcasing its artists, Diddy, Kanye West and Will.i.Am, in the video above which promotes MegaUpload alongside other celebrities. The site fired back with a lawsuit to stop Universal from trying to block the video, but that was the least of its concerns Thursday morning when the site was accused of costing copyright holders more than $500 million in lost revenue from pirated content.
Seven individuals, including MegaUpload founder Kim Schmitz also known as Kim Dotcom, were charged with five counts of criminal acts, including conspiracy to commit racketeering and criminal copyright infringement, while generating over $175 million.
In response to the charges, the hacktivist group Anonymous launched its “largest attack ever, crippling government and music industry sites” such as the Department of Justice, Universal Music Group, RIAA and Motion Picture Association of America in its #OpMegaUpload. Following yesterday’s strike against SOPA and PIPA, the group Twittered: Let’s just say, for #SOPA supporters their #SOPAblackout is today. #Anonymous.. In addition, the group mentioned “the raid on Megaupload Thursday proved that the feds don’t need SOPA or its sister legislation, PIPA, in order to pose a blow to the Web”.
According to a report by VentureBeat, Swizz Beatz is not the CEO of Megaupload as many sites reported this week. The lawyer for the now defunct site said:
“To my knowledge, Swizz Beatz was never involved in any meaningful way,” [ READ MORE ]