Kim Dotcom to reboot Megaupload half a decade after FBI shut it down

(credit: Kim Dotcom)

Kim Dotcom, the flamboyant Web baron, is planning to relaunch his once popular Megaupload file-sharing website in 2017—five years to the day after the US government shut it down amid accusations of piracy.

In a series of tweets posted over the weekend, Dotcom hinted that the new Megaupload would involve Bitcoin, while he also promised “big announcements” would be coming regarding partners for the site. Previous users of the site will apparently have their accounts reinstated with premium privileges.

At its peak, the site had more than 150 million registered users, and more than 50 million daily visitors. However, the FBI shut down the Megaupload servers in 2012 working in concert with the New Zealand authorities, who raided Dotcom’s Auckland mansion and seized his assets.

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Source: Ars Technica – Kim Dotcom to reboot Megaupload half a decade after FBI shut it down