Megaupload co-founder granted bail by New Zealand judge

After being denied twice, Megaupload co-founder Kim Dotcom has been granted bail by a New Zealand judge, who ruled he isn't in fact a flight risk. To date, the court's rationale for keeping Dotcom behind bars has been that he might flee to his native Germany in a bid to avoid extradition to the US, where he stands accused of generating more than $175 million in criminal proceeds through the exchange of copyrighted material. And though prosecutors had previously argued that Dotcom has multiple passports and bank accounts and a “history of fleeing criminal charges,” district court Judge N.R.

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