Megaupload CEO Kim Dotcom is a free man – for now – after being bailed by a New Zealand court. Dotcom had been in prison ever since the police raid on his company and home, with concern over his likelihood of fleeing the country the reason for refusing him bail. That situation has now changed, with a judge deciding it was “highly unlikely” that Dotcom has access to the funds that might make him a flight risk. “The suspicion that Mr Dotcom is very wealthy is not evidence of further assets and cannot be used against him.” Dotcom must now stay within 80km of his house, is not allowed to access the internet, and no helicopters are allowed to travel to the property. A hearing to decide whether Dotcom should be extradited to the US for trial is not expected to take place until August.
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