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US Govt. Says it Can Keep Megaupload’s Assets When the Case is Dismissed

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  • US Govt. Says it Can Keep Megaupload’s Assets When the Case is Dismissed

    Source: US Govt. Says it Can Keep Megaupload’s Assets When the Case is Dismissed

    In a hearing over Megaupload’s motion to dismiss the criminal case against the company on Friday, the U.S. Government claimed it can keep Megaupload’s assets even when the case is dismissed. The U.S. sees Megaupload’s property as proceeds of criminal activity.
    Ars reports that the Government says it can freeze Megaupload’s assets while waiting for a decision in the extradition case against the site’s founder Kim Dotcom.
    Keeping the assets appears to be a key strategy of the authorities. Previously the U.S. Government objected to the release of more funds to Megaupload so the company can pay its attorneys.
    Returning Megaupload’s assets is no different from handing back stolen money to a bank robber, US Attorney Neil MacBride argued last month.
    “The Government’s interest in forfeiture is virtually indistinguishable from its interest in returning to a bank the proceeds of a bank robbery; and a forfeiture-defendant’s claim of right to use such assets to hire an attorney, instead of having them returned to their rightful owners, is no more persuasive than a bank robber’s similar claim.”

  • #2
    And they call us thieves. Sheesh.

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    • #3
      If that is true, then what's to stop the government from creating bs criminal cases against other legitimate companies just to seize their assets. They could shut down Google for trying to hack government agencies, seize all of Google's assets, then keep everything when the case gets dismissed.

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      • #4
        Wouldn't they need to prove the assets are/were stolen before returning them? And who are these so called stolen assets going to be returned to?

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        • #5
          Thats bad.they are set to completely destroying company's everything.i mean it was enough that it was taken down but this is extremism.i feel sorry for megaupload.as they have to pass through this tragic period.
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          • #6
            Originally posted by useless View Post
            Thats bad.they are set to completely destroying company's everything.i mean it was enough that it was taken down but this is extremism.i feel sorry for megaupload.as they have to pass through this tragic period.
            They are trying to make an example out of Megaupload in order to scare the other file-hosting sites into either shutting down or strictly enforcing copyright laws. It seems like they just picked Megaupload randomly out of all of the major file-hosting sites. I feel sorry for Megaupload as well, because no matter the outcome, there is no coming back from something like this...even if they miraculously win and get everything back, many longtime users will have moved on and will be wary of who might be watching.

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            • #7
              And who is bank-rolling all of this government interest?????

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