Megaupload to be relaunched in January2016-07-12 03:12 by Daniela
German tech entrepreneur Kim Dotcom has announced plans to relaunch his file-sharing website Megaupload in January 2017, five years after the U.S. government shut the site down accusing it of piracy.
Dotcom said that most of the Megaupload users would get their accounts re-activated with premium privileges. He also hinted that the new website will use bitcoins.
"Did you miss Megaupload? It's coming back my friends. Bigger and better than ever" Dotcom tweeted during the weekend. "Most Megaupload accounts will be reinstated with Premium privileges on the new Megaupload".
Megaupload was founded back in 2005. At that time it had more than 150 million registered users and 50 million daily visitors.
Five years ago, the site was shut down by the United States government, and the site's owner, Kim Dotcom, was arrested for profiting off of internet piracy. Then he moved to New Zealand and is still resisting the government's attempts to extradite him back to North America to stand trial for his alleged crimes.
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