Officials seize $42 million in MegaUpload assets

In a brand new setback for MegaUpload, Hong Kong Customs officials have frozen $ 42 million in assets held by the besieged file-sharing site in raids on offices, properties and suites. The raids, which involved 100 officers, has produced a massive amount of digital evidence and 42 million in proceeds of crime, the Customs Agency said  See More..