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Supreme Court denies Kim Dotcom petition to keep $40 million in assets

Rob LeFebvre

Kim Dotcom, the founder of illegal file-sharing site Megaupload, was arrested in 2012 by New Zealand authorities on behalf of the US. He still has not been extradited to the US, however. In April of this year, the file-sharing maven asked the US Supreme Court to overturn a 2014 ruling that let US authorities keep $75 million in assets seized during the original raid on his house. The petition was denied on October 2nd, which allows the seizure order to remain intact.

The assets in question are currently being reported as worth $40 million. They include bank accounts in Hong Kong and New Zealand, Dotcom's mansion home, luxury cars, jet skis, big-screen TVs, a $10,000 watch and an Olaf Mueller photograph said to be worth more than $100,000, according to Ars Technica. The reasoning behind the seizure is that Dotcom is a fugitive — he's never appeared in American court and therefore cannot claim the assets the US government kept.