Megaupload Founder Wins Bail In New Zealand

Law360, New York (February 22, 2012, 4:08 PM EST) -- Kim Dotcom, the infamous founder of file-sharing and alleged piracy site Megaupload.com, was granted bail Wednesday by a New Zealand district court, as he continues to await extradition proceedings that could land him in a U.S. courtroom.

Dotcom, 38, a citizen of Germany and Finland but a resident of New Zealand and Hong Kong, was granted bail by Judge Nevin Dawson in an Auckland district court after being held since his arrest Jan. 19.

In releasing Dotcom, Judge Dawson said concerns over his risk of flight...
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