Megaupload Data Subject to Deletion by Hosting Providers Feb. 2
Found on eWEEK on Monday, 30 January 2012
All the photos, video and files stored on file-sharing site Megaupload could be permanently deleted from its servers sometime this week, according to federal prosecutors.
Megaupload's bank accounts have been frozen by federal authorities, preventing the company from paying its hosting bills, Megaupload attorney Ira Rothken told the Associated Press.
"It is important to note that Mega clearly warned users to keep copies of any files they uploaded," the DOJ said.
The shutdown reflects the "increasing crackdown" on intellectual property violations online and it won't be a "big surprise" if similar sites are affected, Lipson said.
The shutdown is just an attempt to keep the current entertainment industry alive. Freezing the accounts of Megaupload is basically identical to deleting those files; the officals very well know that other companies won't store the data forever without getting paid and citing Megaupload's terms of service as an excuse for the deletion is sarcasm at its best. To enforce their business model, the industry doesn't mind to destroy the personal property of millions of users and businesses worldwide who uploaded their own content on Megaupload.