MegaUpload founder to remain free on bailFebruary 29, 2012 - 12:05 AMT PanARMENIAN.Net - MegaUpload founder and accused pirate Kim DotCom will remain free on bail until his extradition hearing in August, according to CNET. A New Zealand court today rejected an appeal by government prosecutors seeking to have DotCom returned to jail as a flight risk, according to media reports out of New Zealand. Dotcom, who is charged with operating one of the Web's biggest criminal copyright operations through his file-sharing site, was released on bail last week after a month in custody. Dotcom, 38, was arrested in January at the mansion he leases near Auckland, New Zealand, after the U.S. handed down an indictment for criminal copyright violations and racketeering. Millions in cash, cars, and other possessions belonging to DotCom were seized during a sensational raid on his estate. At earlier bail hearings, lawyers representing the United States said they suspected that DotCom, who is German, had hidden money that authorities weren't able to find and he could use this to leave the country. In addition to DotCom, the U.S. government is seeking to bring six others associated with MegaUpload to this country to stand trial. DotCom, who faces 20 years in prison if convicted of the charges, is confined to his Aukland home and barred from using the Internet. Meanwhile, DotCom reportedly asked a New Zealand court on Tuesday to free up some of his seized assets so he and his family have money to live on. He has requested the equivalent of $180,000 a month to cover the costs of bodyguards and other staff. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Moody's upgrades IDBank's rating Moody's has upgraded ID Bank CJSC's (IDBank) long-term local and foreign currency bank deposit ratings to Ba3 from B1. U.S. “very clear” with Azerbaijan: “It’s time to make peace with Armenia” James O'Brien has said that the United States is “very clear” with Azerbaijani that it is a time to make peace with Armenia. Destruction of Armenian heritage raised at PACE Member of the Armenian delegation to PACE, MP from the “I Have the Honor” bloc Hayk Mamijanyan delivered remarks at a PACE session. PACE adopts resolution on Armenia's commitment to reforms PACE welcomed the electoral reforms implemented by Armenia in accordance with the recommendations of the Venice Commission. |