Megaupload founder Kim Dotcom bailed

Megaupload founder Kim Dotcom has been granted bail at North Shore District Court this morning. 

Dotcom and three other Megaupload defendants were expected to appear in Auckland High Court today to defend an extradition request from the United States. However it now appears the extradition hearing may be delayed until early March.

Under a US grand jury indictment filed on January 5, Dotcom, Finn Batato, Mathias Ortmann, and Bram van der Kolk, two other Megaupload employees and two related companies were charged with racketeering, copyright infringement and money laundering.

All four defendants in New Zealand have denied any wrongdoing.

A second, superseding indictment filed in the US on February 16, added additional charges of copyright infringement and new charges of wire fraud against the defendants.

This is a developing story, check our sister site Computerworld for updates.

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