Megaupload founder loses US extradition appeal in NZ

Megaupload founder Kim Dotcom suffered a major setback in his epic legal battle against online piracy charges Thursday when New Zealand’s Court of Appeal ruled he was eligible for extradition to the US.

The German national, who is accused of netting millions from his file sharing Megaupload empire, faces charges of racketeering, fraud and money laundering in the US, carrying jail terms of up to 20 years.

Dotcom had asked the court to overturn two previous rulings that the internet mogul and his three co-accused be sent to America to face charges.

Instead, a panel of three judges backed the FBI-led case, which began with a raid on Dotcom’s Auckland mansion in January 2012 and has dragged on for more than six years.

The court said US authorities had “a clear prima facie case to support the allegations that the appellants conspired to, and did, breach copyright willfully and on a massive scale for commercial gain.”

Dotcom is accused of industrial-scale online piracy via Megaupload, which US authorities shut down when the raid took place.

They allege Megaupload netted more than $175 million in criminal proceeds and cost copyright owners $500 millionplus by offering pirated content including films and music.

“We are disappointed with today’s judgment by the NZ Court of Appeal in the Kim Dotcom case,” his lawyer Ira Rothken tweeted.