Megaupload founder Kim Dotcom was released on bail by North Shore District Court Judge Nevin Dawson today. Dotcom had been held in custody since an anti-terrorist police squad raided his Coatesville mansion last month following a lengthy FBI investigation. While the prosecution argued that Dotcom would have the financial resources to flee the country, the Judge concluded that “ none of significance ” were found. An investigation did turn up four additional bank accounts in the Philippines but they were all empty. As a result the Megaupload founder was released from prison and will continue to fight the accusations of the United States, where he is wanted on racketeering, copyright infringement and money laundering charges.

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Megaupload Founder Kim Dotcom Released From Prison