Feds Shutter Megaupload, Arrest Executives
Megaupload, the popular file-sharing site, was shuttered Thursday and its executives indicted by the Justice Department in what the authorities said was “among the largest criminal copyright cases ever brought by the United States.”
Seven individuals connected to the Hong Kong-based site were indicted on a variety of charges, including criminal copyright infringement and conspiracy to commit money laundering. Four of the members of what the authorities called a five-year “racketeering conspiracy” were arrested Thursday in Auckland, New Zealand, the authorities said.
