Dotcom to move top court after losing appeal against extradition to US

Kim Dotcom, founder of the defunct file-sharing website Megaupload, is planning to move the Supreme Court in New Zealand after a lower court rejected his appeal against extradition to the US where he faces charges of racketeering, copyright violation, money-laundering and wire fraud. New Zealand’s Court of Appeal on Thursday upheld the decision of two lower courts that Dotcom and his colleagues Bram Van der Kolk, Matthias Ortmann and Finn Batato should surrender before law. If extradited to US and found guilty, the German-born tech mogul and his colleagues may face a long jail-term. Thursday’s ruling said the US government has sufficient evidence for extradition. Born as Kim Schmitz in Germany’s port city of Kiel, Dotcom got residency in New Zealand in 2010 under a scheme offered for wealthy citizens. Two years later, he changed his last name to Dotcom. The same year, his home was raided by local police with the help of FBI. Cash and property worth millions were seized. Early this year, Dotcom sued the New Zealand government for $6.8 billion in damages for destruction of his business.