The U.S. Department of Justice shut down MegaUpload.com, one of the world’s largest file-sharing websites, on Thursday after charging the site and its executives with violation of piracy and copyright laws.
In an indictment, the Justice Department alleged that MegaUpload was a “mega conspiracy” and a global criminal organization “whose members engaged in criminal copyright infringement and money laundering on a massive scale.”
The Department also said that MegaUpload, which had about 150 million users, tallied up an estimated harm to copyright holders in excess of $500-million by allowing users to illegally share movies, music and other files. In addition, prosecutors also said in the indictment that those who operated the site racked in an income from that topped $175-million.
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