Megaupload Executives Granted Bail | Megaupload.com founder Kim Dotcom Video
[postlink]http://streamingtvshowonline.blogspot.com/2012/01/megaupload-executives-granted-bail.html[/postlink]http://www.youtube.com/watch?v=gezGp5_201c
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Megaupload Executives Granted Bail | Megaupload.com founder Kim Dotcom Video
WELLINGTON— A New Zealand judge granted bail to Megaupload.com executives Bram van der Kolk and Finn Batato as they await possible extradition to the U.S. on charges including copyright infringement, after the judge decided they posed a minimum flight risk.
Mr. Van der Kolk, 29 years old, and Mr. Batato, 38, were arrested Thursday in Auckland along with Megaupload.com founder Kim Dotcom, 38, and Mathias Ortmann, 40, the chief technical officer, after they and four colleagues were named in a Federal Bureau of Investigation indictment.
Authorities say Megaupload Ltd., based in Hong Kong, and its collection of websites generated more than $175 million in criminal proceeds and caused more than half a billion dollars in harm to copyright owners.
Judge David McNaughton said in a written decision that both men posed a minimum risk of fleeing and those risks could be offset by appropriate bail conditions.
He added he had taken into account the U.S. government's concerns over Van der Kolk's bail application, particularly given his role as chief programmer at the company.
"However, as noted in my earlier decision the possibility of reviving the business from another site outside the jurisdiction of the United States is a factor completely outside the Court's control," he said.
Mr. Dotcom's bail application was turned down Wednesday due to concerns he would try to flee the country, but his lawyers appealed the decision. A decision on Mr. Ortmann's bail application is expected Friday afternoon in New Zealand.
A hearing on the possible extradition of the four men is likely to be many months away.
Megaupload and similar online storage sites, known as cyberlockers, have many legitimate uses, such as allowing people to share large presentation files and home movies. But U.S. authorities and entertainment executives say in court documents and interviews that cyberlockers are at the vanguard of online piracy.
Megaupload Executives Granted Bail | Megaupload.com founder Kim Dotcom Video
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Megaupload Executives Granted Bail | Megaupload.com founder Kim Dotcom Video
WELLINGTON— A New Zealand judge granted bail to Megaupload.com executives Bram van der Kolk and Finn Batato as they await possible extradition to the U.S. on charges including copyright infringement, after the judge decided they posed a minimum flight risk.
Mr. Van der Kolk, 29 years old, and Mr. Batato, 38, were arrested Thursday in Auckland along with Megaupload.com founder Kim Dotcom, 38, and Mathias Ortmann, 40, the chief technical officer, after they and four colleagues were named in a Federal Bureau of Investigation indictment.
Authorities say Megaupload Ltd., based in Hong Kong, and its collection of websites generated more than $175 million in criminal proceeds and caused more than half a billion dollars in harm to copyright owners.
Judge David McNaughton said in a written decision that both men posed a minimum risk of fleeing and those risks could be offset by appropriate bail conditions.
He added he had taken into account the U.S. government's concerns over Van der Kolk's bail application, particularly given his role as chief programmer at the company.
"However, as noted in my earlier decision the possibility of reviving the business from another site outside the jurisdiction of the United States is a factor completely outside the Court's control," he said.
Mr. Dotcom's bail application was turned down Wednesday due to concerns he would try to flee the country, but his lawyers appealed the decision. A decision on Mr. Ortmann's bail application is expected Friday afternoon in New Zealand.
A hearing on the possible extradition of the four men is likely to be many months away.
Megaupload and similar online storage sites, known as cyberlockers, have many legitimate uses, such as allowing people to share large presentation files and home movies. But U.S. authorities and entertainment executives say in court documents and interviews that cyberlockers are at the vanguard of online piracy.
Megaupload Executives Granted Bail | Megaupload.com founder Kim Dotcom Video
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