Kim Dotcom, The Mastermind Behind Megaupload, Denied Bail

Kim Dotcom denied bail MegaUpload
Kim Dotcom denied bail MegaUpload

Kim Dotcom, the founder of Megaupload and Megavideo, was denied bail on Wednesday, because he posed a significant flight risk, according to a New Zealand judge. If Dotcom fled to his native land of Germany, he would be safe from extradition, and could continue the life of a "hacker playboy," as Business Insider dubbed him.