Kim Dotcom Not Involved With Mega Anymore

In an ask-me-anything style Q&A recently at Slashdot, Kim Dotcom revealed a lot about his life. He also told anyone who was listening or reading that he was not involved with Mega anymore, and wouldn’t consider Mega safe. Here are his exact words:

I’m not involved in Mega anymore. Neither in a managing nor in a shareholder capacity. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all the Megashares in the family trust that was setup for my children. As a result of this and a number of other confidential issues, I don’t trust Mega anymore. I don’t think your data is safe on Mega anymore.

Mega is a rather expensive storage solution when compared against others. Dotcom took questions on a range of other issues. When asked what he would propose in place of current copyright law, Dotcom said:

Copyright & technology need to co-exist. Copyright creators need to adapt to new technologies and not the other way around. The Internet is threatening the old copyright models, but it is also offering an enormous opportunity to monetize copyright with innovative concepts that are better than those of the past. Today we are living in a world of copyright extremism. It is completely misguided, and it’s hurting technology companies and the Internet as a whole.

Kim Dotcom
Kim Dotcom

Dotcom has been the subject of several sensational stories ever since his home was raided several years ago. His wife has since left him, and he is fighting a legal battle with the United States. In the ruins of his previous company, Megaupload, he founded Mega, an encrypted file sharing service. Then more recently he was ejected from that company, too.

Also read: MegaNet: Kim Dotcom’s Encrypted Networking for All

Dotcom also released an album called “Good Times.” The entrepreneur was also involved in the founding of Baboom, an upcoming music service that will compete with Spotify.

The takeover of Mega could be a fatal blow for Kim Dotcom, or he could shrug it off and continue with his other projects. Upon his initial arrest, it was discovered that he had both German and Finnish citizenship while at the same time he lived in New Zealand.

Kim Dotcom may not be a favorite of the US government but given the opportunity he continues to find ways to make a living on the Internet. He recently announced a new Internet-like protocol that would not involve IP addresses and thus would protect people’s identities. This was announced before anyone knew that he had been pushed out of his company. No one at Slashdot asked him about his proposed alternative Internet. However, he said of Internet freedom:

I had to carry a lot of pain and fear for a lot of people in the last few years. They destroyed my business. They took everything I worked for and seized all my assets. They destroyed my family and drove my wife back into depression and alcoholism which destroyed the happy family we once had. So many people suffered as a result of the unjust actions by both the US and New Zealand governments. I thought about giving up. Who wouldn’t in such a situation. But I have to fight because I have such a huge responsibility. First and foremost I have to fight for my five children. They need me. Unfortunately they can’t rely on anybody else. And of course I’m fighting for all of you. If I give up all of you will lose. They will use this case to turn our Internet to shit. I love the Internet. It gave me everything. I believe in Internet freedom, in your right to share, in your right to privacy.

Image from 360b / Shutterstock.



P. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at