MegaUpload Founder Kim Dotcom Released

MegaUpload founder Kim Dotcom has been given bail by a New Zealand court, with some restrictions of course. Dotcom was awarded bail after a judge determined that he wasn't a flight risk.

"I am relieved to go home to see my family, my three little kids and my pregnant wife,” Dotcom told reporters outside court. "And I hope you understand that that is all I want to say right now."

Dotcom was released without any bond. While details of the conditions for his bail were not disclosed, we know that one – no use of the Internet – is one of them. Dotcom conveyed to the media that he was treated well enough by police while in their custody, saying he felt like he was auditioning for "American Idol."

U.S. authorities alleged that Dotcom through his file sharing site enabled users to download millions of copyrighted works, costing the entertainment industry half a billion dollars in revenues. He was arrested Jan. 20. The U.S. government is seeking extradition of Dotcom and three of his colleagues on racketeering charges.

Dotcom said that he will fight that extradition.

Because New Zealand authorities seized millions of dollars in investments and assets owned by Dotcom, North Shore District Court Judge Nevin Dawson found that he was no longer a flight risk. The court added that it was unaware of any hidden money or assets that could help him leave the country.

Source: Techland

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