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Torrentfreak: “Kim Dotcom Battles to Keep Cash Sources Private” plus 1 more

Torrentfreak: “Kim Dotcom Battles to Keep Cash Sources Private” plus 1 more


Kim Dotcom Battles to Keep Cash Sources Private

Posted: 27 Aug 2014 04:32 AM PDT

dotcom-laptopBack in 2012, millions of dollars of Megaupload and Kim Dotcom assets were seized in New Zealand and Hong Kong, action designed to bring the Internet entrepreneur financially to his knees.

That hasn’t been the case since, however. Dotcom has continued with his very public displays of wealth, living in one of New Zealand’s most expensive houses, flying around the country in helicopters, and bankrolling a brand new political party.

All this, 20th Century Fox, Disney, Paramount, Universal, Columbia Pictures and Warner Bros insist, are clear signs that Dotcom is disposing of wealth that will transfer to their hands should they prevail in their legal action against him – if there is any left of course.

Last month the High Court’s Judge Courtney agreed with the studios and ordered Dotcom to reveal all of his global assets "wherever they are located" and to identify "the nature of his interest in them."

Needless to say, Dotcom has been putting up a fight, and has filed an appeal which will be heard in the second week of October. However, that date falls way beyond September 5, the date by which Dotcom has to comply with Judge Courtney’s disclosure order.

During a hearing today at the Court of Appeal, Dotcom’s legal team argued that their client should not have to hand over a list of his assets in advance of the October appeal as several legal points needed to be aired during the hearing.

According to Stuff, lawyer Tracey Walker said that the 2012 restraining order covered assets generated before that date, but have no scope moving forward.

"The assets that they are talking about now are new assets that were created because of my entrepreneurial skill after the raid,” Dotcom explained previously.

Dotcom has remained extremely active in the business sector since 2012, helping to create cloud storage service Mega.co.nz and then generating cash by selling shares in the company. The authorities and Hollywood are clearly trying to keep an eye on the money.

In Court, Walker said that since $11.8 million was seized from Dotcom in 2012 and other funds are currently frozen in Hong Kong, the studios have a fund to draw on should they win their case. Revealing more about his current financial situation would breach Dotcom’s privacy, Walker added.

Appearing for the US-based studios, lawyer Jack Hodder said the disclosure order was fully justified.

Ending the hearing, the Court of Appeal reserved its decision on whether Dotcom will have to comply with the High Court ruling and disclose on September 9, or whether he will indeed be able to wait until after the October hearing.

In the meantime the political mudslinging continues in New Zealand, with Kim Dotcom now preparing legal action against controversial blogger Cameron Slater who he accuses of publishing “200 plus smear stories” as part of a “character assassination” campaign handled by the ruling National Party.

Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services.

Lionsgate Targets Downloaders of Expendables 3 Leak

Posted: 26 Aug 2014 10:30 AM PDT

expendablespiracyOver the past few weeks movie studio Lionsgate has rolled out an unprecedented anti-piracy campaign to stop people from sharing leaked copies of The Expendables 3.

Aside from dragging six file-sharing sites to court, Lionsgate sent out hundreds of thousands of takedown notices to websites that linked to pirated copies of the leaked movie.

As a result all traces of the movie were completely wiped from many file-sharing sites. However, the movie studio still isn’t satisfied and is now going after individual downloaders as well.

Lionsgate has started sending takedown notices targeting people sharing the movie via BitTorrent. The notices are being sent to various ISPs who are urged to forward them to the customers whose accounts were monitored sharing the movie.

Interestingly, this also includes those who use remote servers known as BitTorrent seedboxes. While many believe that seedboxes keep them safe from the prying eyes of piracy monitoring firms, this is not always the case. Yesterday, a customer of the Canadian seedbox provider Whatbox received the following notice.

Copyright warning

expendable-seedbox

Via an email Whatbox urged the customer to delete the file in question, or face account suspension.

“A copyright complaint has been received for content existing on your account. To prevent account suspension, please delete the affected content within the next 24 hours,” the notice reads.

TorrentFreak contacted Whatbox, who explained that this takedown procedure is standard policy. As an Internet access provider it properly processes all incoming requests form copyright holders.

“When we receive a notice we check for the infohash and email the appropriate customer asking them to remove the file(s). Nothing is passed along to the copyright enforcement group except to confirm that the content was found and subsequently removed,” Anthony Ryan of Whatbox says.

“If a customer causes a large number of copyright complaints, we reserve the right terminate their service with a prorated refund and 24 hours of complimentary service to backup all their non-infringing files,” Ryan adds.

The above notice confirms that Lionsgate’s takedown efforts are now targeting individual downloaders, through their ISPs. The action appears limited to warning letters and at least for now there are no signs that Lionsgate will drag file-sharers to court.

Nu Image, another studio involved in the production of The Expendables 3, hasn’t taken any legal action either. However, they are more familiar with the topic than Lionsgate, as they sued a record breaking 23,322 U.S. Internet users for downloading a copy of the first Expendables film.

To be continued?

Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services.