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$$$$$$$$$$ not gonna be down for long, the founder has got tons of money and top lawyers at his disposal, just like how piratebay went down for a while but came back. US government is gonna try their best to bring down all these companies that millions around the world support and has known for years. Not gonna work
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First to fail !SG evar! Now i have yellow fever...
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will be interesting to see if they can keep Kim's property and cars, he was already very rich before he founded mega-upload. I believe he has already spent time in prison for computer security related crimes. When he was released he became a security consultant and built his fortune. He also created the gumball-inspired "Ultimate Rally", not sure if it ever got off the ground though. The final year he was in gumball the finish point was Buckingham palace, or some royal castle thing in the Uk. Kim did donuts on the lawn with his CL65 -_-
he used to do have a company that did modifications to Mercedes/Audi sedans, basicly computers in the backseat with lcd monitors and such for business people.
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First to fail !SG evar! Now i have yellow fever...
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also found this on wikipedia:
In 2001, Schmitz purchased $375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest EUR 50 million in the company.[13] Unknown to others, Schmitz did not have the funds available to invest, although the announcement caused the share value of LetsBuyIt.com to jump by nearly 300%.[14] Schmitz quickly sold the shares and profited $1.5 million as a result.[13]
Schmitz had also arranged and obtained an unsecured loan of EUR 280,000 from Monkey AG, a company for which Schmitz had served as Chairman of the Board. The funds were to be paid to Kimvestor AG. As a result, both Monkey and Kimvestor went bankrupt.[15]
Originally posted by 97ITR He would step out of his freshly downtown autospa detailed 996 C4s, check out his own reflection in the driverside window out of habit, take off his brand new limited edition D&G aviator sunglasses so the mf can see the fury in his eyes, sashay over to the other guy and then threaten to insert his black leather Savatore Ferragamo loafers into the guys rear-end.
he used to do have a company that did modifications to Mercedes/Audi sedans, basicly computers in the backseat with lcd monitors and such for business people.
It was called Megacar, he won the Gumball 3000 one year driving one. They had servers built into the trunk and wifi built in. Pretty sweet.
I think with the timing of this, the whole sting could be a PR move to gather support for SOPA / PIPA stuff.
It's kinda disgusting that the USA is forcing arrests and seizures in NZ right now (from a German) over this.
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"Swizz Beatz Is Not An Owner Of $$$$$$$$$$, Says Court Filing
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Swizz Beatz: Mega problems?
$$$$$$$$$$.com was shut down today after the U.S. Department of Justice indicted seven owners of the popular file-sharing site. But contrary to some of the rumors floating around online, superproducer Swizz Beatz was not among them–and does not own a stake in the company, according to documents filed by the D.O.J.
Swizz Beatz, whose real name is Kasseem Dean, was revealed as $$$$$$$$$$’s chief executive shortly after the viral debut of a star-studded video he helped produce for the company. In the clip (see below), celebrities from Kanye West to Floyd Mayweather extol the website’s virtues, with will.i.am providing the hook. Universal Music Group, home to many of the artists involved in the production, was none too pleased–and sued Swizz and Mega (who are reportedly counter-suing).
Move up Move down
$$$$$$$$$$ Gets Shut Down By Feds
Kashmir Hill
Forbes Staff
23 images
Photos: Cash Kings 2011: Hip-Hop's Top Earners 7 images
Photos: Hip-Hop's Future Billionaires But Swizz Beatz wasn’t among the seven $$$$$$$$$$ shareholders singled out by the U.S. Department of Justice; in fact, his name didn’t appear anywhere in the entire 72-page indictment. According to the document, ringleader Kim Dotcom owns 68% of Mega’s holding company, and six other investors–none of them celebrities–own smaller stakes adding up to 32%. If Swizz was given a piece of the company, it’s not on the books.
Though the Hip-Hop Cash King didn’t likely promote $$$$$$$$$$ simply out of the goodness of his heart (Swizz also has partnerships with Lotus and Reebok), it seems he was too late to the party to receive any equity, perhaps lured unwittingly to serve as a reputable figurehead for a company whose leaders could already see the storm clouds on the horizon
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Woooow! what a greasy slimeball piece of shit this Kim guy is.....
"As Kim Schmitz, Dotcom’s prior art includes a claim that he had discovered how to make money from the stock market relying on nothing but technobabble and investor gullibility.
A decade back he was also claiming to have penetrated Osama bin Laden’s bank accounts. The Anon-anointed hacker hero’s convictions include stock price manipulation and insider trading – these disqualified him from buying the mansion he was leasing."
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Detective Inspector Grant Wormald said the $$$$$$$$$$ founder tried to retreat to a fortified safe room when police arrived at his home in Auckland.
“Mr. Dotcom retreated into the house and activated a number of electronic locking mechanisms,” he told AFP. “While police neutralized these locks he then further barricaded himself into a safe room within the house which officers had to cut their way into.” Once officers got inside the house, they found Mr. Dotcom with what looked like a shortened shotgun, police said.
...Mr. Dotcom’s leased mansion, possibly one of the most expensive properties in New Zealand, was equipped with an elaborate network of electronic defenses. He initially tried to buy the home but was blocked by the government, who said he didn’t display good enough character to make the purchase....
...The Internet mogul watched Auckland’s New Year’s Eve fireworks celebration — for which he dropped half a million dollars — from his own private helicopter...