The US government has shut down top file hosting service Megaupload and had its founder arrested on suspicion of causing $500 million in lost revenue to content sellers.
The Megaupload sites were managed through an international network of companies, head-quartered in Hong Kong.
Although not a US company and not managed from the US, the fact that it maintained US servers and supplied millions of US visitors with illegal downloads was considered ample legal grounds for the federal government to move against it.
However, as the Megaupload arrests all took place using current laws, they have not only further inflamed Internet opinion against SOPA, PIPA and the major copyright lobbies behind them, but have also apparently demonstrated that US copyright holders are quite able to launch crippling legal attacks on internationally managed sites using only existing laws.
Megaupload’s eventual fate remains unclear – the fate of piracy-related sites in similar positions has varied greatly, from those that apparently sustained all legal assaults unscathed (such as The Pirate Bay) and others which successfully sold out to copyright holders, to those whose business models simply collapsed under a hail of litigation and criminal charges.
Read More ... on BBC.
And here I have been downloading from Megaupload a lot! Usually Animes! But I guess I can't Anymore! because there is No more Megaupload now eh! So what kind of impact are you been facing from the shutdown of megaupload?
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