Kim Dotcom, the founder of the defunct file-sharing website Megaupload, lost his latest appeal on Wednesday to avoid extradition to the United States, where he is facing criminal charges.
Background
Dotcom, who has New Zealand residency, has been fighting extradition to the United States since 2012 following an FBI-ordered raid on his Auckland mansion. New Zealand’s Court of Appeal found on Wednesday there was no legal basis to block his extradition to the U.S.
U.S. authorities say Dotcom and three other Megaupload executives cost film studios and record companies more than $500 million by encouraging paying users to store and share copyrighted material, which generated more than $175 million in revenue for the website.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.