Millions of links suddenly cried out in terror and were suddenly silenced.
January 19, 2012 12:41 PM Subscribe
Megaupload has been shut down. Four people, including the founder Kim Schmitz, have been arrested for violation of piracy laws. Two more are named as defendants in the indictment. 18 domain names have been seized, warrants have been issued in 9 countries. Given that Megaupload took the fight to Universal Music Group in December and is on record as being vehemently against SOPA, one wonders if this crackdown is a retaliation of some sort. Given that industry insiders accuse MegaUpload of being responsible for at least $500 Million in lost revenue for the music industry, it's ironic that its current CEO is Swizz Beats, noted major-label rapper and hip-hop producer.
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