In a further setback for MegaUpload, Hong Kong Customs officials have frozen $42 million in assets held by the beleaguered file-swapping site during raids on offices, homes, and hotel suites.
The raids, which involved 100 officers, yielded a large amount of digital evidence and $42 million in suspected criminal proceeds, the Customs agency said in a statement. High-speed servers believed to be connected to the cases were found in expensive hotel rooms.
"The assets have been frozen in accordance with related ordinances. The operation is ongoing," the agency said in a statement.
The U.S. Justice Department and … Read more