Most wanted internet entrepreneur Kim Dotcom is suing the New Zealand and US governments for billions of dollars in damages over his arrest in 2012 and the subsequent collapse of his business.The Megaupload founder is now seeking damages for the destruction of his business, loss of reputation, as well as lost business opportunities and legal costs.
Papers filed in the New Zealand High Court claim the government pursued an erroneous arrest warrant with malice and without proper legal disclosure. Accountants calculate that the Megaupload group of companies would be worth $10bn today if they had not been shut during the 2012 raid. Dotcom was a 68% shareholder in the business and is seeking the estimated value of this – $6.8 billion, along with additional costs.
Kim Dotcom revealed he had lodged the multi-billion dollar lawsuit on his wedding day – which coincided with the sixth anniversary of the raid on his Auckland mansion. He tweeted “Today, 6 years ago, the NZ Govt enabled the unlawful destruction of Megaupload and seizure of my global assets. I was arrested for the alleged online piracy of my users. Not even a crime in NZ. My lawyers have served multi-billion dollar damages claim against the Govt today”. “I have a habit of turning bad anniversaries into good anniversaries by doing beautiful things that outshine bad events. January 20 will always be a special day in my life. I turned it into a day of joy. Flood the darkness with light”. #Destiny
“Our damages claim against the Government is strong. Any jury will be absolutely shocked by the malicious and unjust persecution that my family had to endure in the last 6 years.”
Dotcom has also suggested he may sue the Hong Kong government according to the Inquirer. He recently received a shipment of his seized property from Hong Kong, much of it damaged, including a personal video and photo archive.
Recently the Intransigent Internet Icon KimDotcom has published the pictures from his wedding ceremony, which was held in an undisclosed location. While the couple looks truly adorable, Kim’s fluffy best ‘man’ looks even cuter.
In 2016, the self-proclaimed internet freedom fighter vowed to create Megaupload 2 and a new bitcoin payment system, Bitcache, and a year later he made good on his promise. The idea behind these online applications is to allow the uploading of content and its sale directly to users, through transactions in the cryptocurrency bitcoin. Dotcom has referred to Bitcache as the innovation to take “bitcoin to the mass market” and “ultimately replace credit card payments on the internet.”