Kim DotCom, founder of cyberlocker MegaUpload, has been released on bail, according to media reports out of New Zealand.
After DotCom was indicted in the United States for criminal copyright violations and racketeering, he was arrested last month at the mansion he leases near Auckland, New Zealand, following a sensational police raid. Millions in cash, cars, and other possessions belonging to DotCom were seized.
Since then, two judges in New Zealand had denied his previous requests for bail. The judge who heard DotCom's request today, however, decided the defendant was not enough of a flight risk to keep in … Read more