Kim DotCom wants $180,000 per month to live on
The MegaUpload founder says he has to cover costs for bodyguards and personnel staff. A decision on whether he will remain free on bail is due later today.
Kim DotCom, the founder of MegaUpload and accused pirate, has asked a New Zealand court to free up some of his seized assets so he and his family have money to live on, New Zealand newspapers are reporting.
The couple said they need the equivalent of $180,000 per month.
DotCom was arrested last month after being indicted by the U.S. Attorney for the Eastern District of Virginia. He was accused of criminal copyright violations, racketeering, and money laundering. The charge of wire fraud was added later.
DotCom was released last week on bail but was back in court today. The New Zealand government, on behalf of the U.S. government, has appealed the decision to release him. DotCom must wait until August before an extradition hearing gets under way.
A decision on whether DotCom, born as Kim Schmitz, will remain free on bail is expected later today, according to a Stuff.co.nz report.
In the meantime, DotCom and his wife, Mona, told the court that they must pay the equivalent of $24,000 per month for bodyguards and similar amount for their staff.
Millions of dollars in cash, cars, and other possessions were seized from DotCom after he was arrested. The U.S. government says MegaUpload was designed to enrich its operators by enabling the pirating of millions of movies, songs, and other media. DotCom has denied the charges and says he will fight extradition.