News

Megaupload’s Kim Dotcom Declares Himself Broke

The founder of seized file-sharing website Megaupload, Kim Dotcom (born Kim Schmitz), has announced that he is “broke”. He claims to have expended £6.4 million in legal costs, defending himself against charges of internet privacy in New Zealand. His defence team, from law firm Simpson Grierson, has now stepped down since Dotcom cannot afford to continue paying them.

Dotcom said at a London conference, by videolink, “The [US authorities] have certainly managed to drain my resources and dehydrate me, and without lawyers I am defenceless. They used that opportunity to try and get my bail revoked and that’s what I’m facing.”

Dotcom’s finances also took a hit when the political party he backrolled, the internet Party, failed to gain a seat in New Zealand’s last general election back in September.

“Before I started my political movement – the Internet Party – I was quite popular in New Zealand,” Dotcom said. “After I got involved in politics and the prime minister of New Zealand and his party attacked me viciously, labelling me a Nazi… and [saying] I’m only starting my political party to fight my extradition… New Zealanders unfortunately have bought into that narrative and today I’m a pariah. The witch-hunt worked, and everyone wants to see me burn, and next Thursday I might go to jail because of that.”

The trial of Kim Dotcom continues.

Source: BBC

Ashley Allen

Disqus Comments Loading...

Recent Posts

Electronic Arts Titles Played for Over 11 Billion Hours in 2024

Electronic Arts (EA) announced today that its games were played for over 11 billion hours…

2 days ago

Just 15% of Steam Gaming Time in 2024 Was Spent on New Releases

Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…

2 days ago

STALKER 2 Gets Massive 110GB Patch With 1800+ Fixes

GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…

2 days ago

Intel Unveils Core 200H Processors Based on the Previous Raptor Lake Refresh

Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…

3 days ago

Ubisoft Reportedly Developing a New Quadruple A Game

Ubisoft is not having the best of times, but despite recent flops, the company still…

3 days ago

STALKER 2: Heart of Chornobyl Update 1.1 Fixes 1,800 Issues and Revamps A-Life 2.0

If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…

3 days ago