Megaupload Founder Kim Dotcom Released on Bail

Posted on February 23, 2012

Megaupload founder Kim Dotcom was released on bail in New Zealand today. The site was shut down by Feds last month. He is awaiting an extradition hearing to see if he is going to be extradited to the U.S. This hearing is not set to take place until July. The Wall Street Journal says Kim Dotcom is not allowed to use his helicopter or the Internet. His assets have also all been seized. Dotcom's lawyers say he needs access to at least some of his of money or he cannot fight the charges. Take a look:


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