Megaupload Copyright suits begin with ValCom for $42m
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As the saga between Megaupload and the United States government continues, lawsuits are destined to come down strong from creators and copyright holders associated with the filesharing sites found distribution selection. The amount of cash that the group ValCom, Inc. is seeking is just part of the massive half-billion in copyright losses and $175 million in proceeds total the U.S. government has already calculated. ValCom’s $42 million in suspected criminal proceeds have been seized in Megaupload.com and related entities raids thus far. »read more
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