Down Down, MegaUpload is down… and Anon strikes back!

MegaUpload has just fallen off the digital landscape, with 4 people arrested and 7 charged with conspiracy by the FBI. The people include Dotcom, Ortmann, chief marketing officer Finn Batao and developer Bram van der Kolk who are currently in New Zealand under custody. The FBI also worked with various country authorities such as New Zealand, Hong Kong, the Netherlands, Canada, Germany, the UK and the Phillipines.

So, what’s the scoop? Apparently, the charges include the distribution of pirated movies (before and after cinematic screenings) and other pirated goods, which netted the company $175 million in illegal profits through Advertising revenue. They are also in hot water over their “Rewards” program that pays members for uploading files to MegaUpload, and paying other sites to host pirated content.

Meanwhile, the dust haven’t settled yet – Anon strikes back with DDoS attacks blocking access to various US sites that are in favor of the SOPA act. Ars Technica has the scoop on that.

Source: Ars Technica – http://arstechnica.com . This post uses information provided by this article on the mentioned website.