Just reading about it. I'm kind of confused on details on why it happened. Or if it even is associated with this so called SOPA/PIPA act trying to be enacted as a new internet law. I find the whole SOPA/PIPA thing bullshit. According to the wording of it, from my understanding as i heard it explained. It could shut down sites like this, youtube, and basically any site that can use user generated content that can easily be deemed as copyright infringement and be illegal.

Back to the Megaupload thing. Google the shutdown story. I don't wanna post a link that could be considered copy infringement. I hope that this SOPA/PIPA thing doesn't happen ever. It would and could kill off many sites, forums, social sites, and file sharing sites. Hearing about this makes you wanna walk away from the internet, if it's gonna become a barren wasteland thanks to our government going all communist over online content.

One of the world's largest file-sharing sites was shut down Thursday, and its founder and several company executives were charged with violating piracy laws, federal prosecutors said.

An indictment accuses Megaupload.com of costing copyright holders more than $500 million in lost revenue from pirated films and other content. The indictment was unsealed one day after websites including Wikipedia and Craigslist shut down in protest of two congressional proposals intended to thwart online piracy.

The Justice Department said in a statement said that Kim Dotcom, formerly known as Kim Schmitz, and three others were arrested Thursday in New Zealand at the request of U.S. officials. Two other defendants are at large.

Megaupload was unique not only because of its massive size and the volume of downloaded content, but also because it had high-profile support from celebrities, musicians and other content producers who are most often the victims of copyright infringement and piracy. Before the website was taken down, it contained endorsements from Kim Kardashian, Alicia Keys and Kanye West, among others.

The Hong Kong-based company listed Swizz Beatz, a musician who married Keys in 2010, as its CEO.

Before the site was taken down, it posted a statement saying allegations that it facilitated massive breaches of copyright laws were "grotesquely overblown."

"The fact is that the vast majority of Mega's Internet traffic is legitimate, and we are here to stay. If the content industry would like to take advantage of our popularity, we are happy to enter into a dialogue. We have some good ideas. Please get in touch," the statement said.

A lawyer who represented the company in a lawsuit last year declined comment Thursday.

Megaupload is considered a "cyberlocker," in which users can upload and transfer files that are too large to send by email. Such sites can have perfectly legitimate uses. But the Motion Picture Association of America, which has campaigned for a crackdown on piracy, estimated that the vast majority of content being shared on Megaupload was in violation of copyright laws.

The website allowed users to download films, TV shows, games, music and other content for free, but made money by charging subscriptions to people who wanted access to faster download speeds or extra content. The website also sold advertising.

The indictment was returned in the Eastern District of Virginia, which claimed jurisdiction in part because some of the alleged pirated materials were hosted on leased servers in Ashburn, Virginia.

Dotcom, a resident of both Hong Kong and New Zealand, and a dual citizen of Finland and Germany, made more than $42 million from the conspiracy in 2010 alone, according to the indictment.

Dotcom is founder, former CEO and current chief innovation officer of Megaupload

FBI — Justice Department Charges Leaders of Megaupload with Widespread Online Copyright Infringement

Its like cutting off the head of a hydra, 2 more sites will replace it. And the court costs will hurt everyone more than the pirating itself.

What the F*** I download stuff from Megaupload sometimes! If this is true then this is some Serious Bullshit!

All these sites will be gone soon.

Originally Posted by Doug

All these sites will be gone soon.

I think boards/forums will stay around. It just forces web masters to post their material more on these places. Plus join the hosting sites if they have not already done so. I hate that our government paints everyone with the some brush when it comes to certain laws, like this law for instance, not everyone is in the wrongdoing. I think cooler heads in our government will realize who is doing what and separate the parties of people.

Oh I didn't mean our sites....I meant sites like Megaupload with illegal content.