General Megaupload's Kim Dotcom Is Broke

tom_mai78101

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Megaupload founder Kim Dotcom is broke.

Speaking on Tuesday via teleconference (video above) to the crowd at London's unBound Digital event, Dotcom prefaced a talk on Internet freedom with an update on his legal situation.

Almost three years after being arrested for copyright infringement, the Megaupload founder is facing extradition from New Zealand, and possible incarceration.

Worse yet, Dotcom's lawyers recently stepped down, leaving the German native to represent himself at Thursday's bail hearing.

"My legal team has recently resigned because I ran out of money after spending $10 million to try to defend myself," Dotcom said on Tuesday. "They [U.S. authorities] have certainly managed to drain my resources and dehydrate me, and without lawyers I'm defenseless."

He denies charges of racketeering, conspiring to commit copyright infringement, and money laundering, according to the BBC.

"This might be the last public appearance," Dotcom said with a laugh during Tuesday's digital business conference.

 
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