McLEAN, Va.— The Associated Press
Published Thursday, Jan. 19, 2012 2:46PM EST
One of the world’s most popular file-sharing sites was shut down Thursday, (Jan 19, 2012) and its founder and several company officials were accused of facilitating millions of illegal downloads of films, music and other content.
A federal indictment accused Megaupload.com of costing copyright holders at least $500-million in lost revenue. The indictment was unsealed one day after websites including Wikipedia and Craigslist shut down in protest of two congressional proposals intended to make it easier for authorities to go after sites with pirated material, especially those with overseas headquarters and servers.