They allege the file-sharing service netted more than US$175 million in criminal proceeds and cost copyright owners US$500 million-plus by offering pirated content, including films and music.
Dotcom and his co-accused โ Finn Batato, Mathias Ortmann, Bram van der Kolk โ have denied any wrongdoing and say Megaupload was targeted because established interests were threatened by online innovation.
The website was an early example of cloud computing, allowing users to upload large files onto a server so others could easily download them without clogging up their email systems.
At its height in 2011, Megaupload claimed to have 50 million daily users and account for 4 per cent of the worldโs internet traffic.
