The popular file-sharing site was taken down today
Federal prosecutors blocked the entire site and charged founders
We are still shocked with the information we have just received but apparently, the FBI has taken down the popular file-sharing site, Megaupload. Their founders were charged for piracy and for costing copyright holders more than $500 million in lost revenue and are facing prison sentences.
Details are still at low but it appears that this is all part of a two years investigation against the site which is now considerated as an "international criminal enterprise centered on copyright infringement on the Internet", according to the New York Times:
This is a bad thing, a very very bad thing. Our liberty is jeopardized.
OFFICIAL SITE: Notice of Grand Jury Indictment (via) Dept. of Justice
NEWS SOURCE: Indictment charges Megaupload site with piracy (via) New York Times
Our thanks to 'Kaos2K' for reporting this very sad news today!