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Kim Dotcom Answers Questions

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Re: Kim Dotcom Answers Questions

#6

Post by typis7 »

I'm not involved in Mega anymore. Neither in a managing nor in a shareholder capacity. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all the Megashares in the family trust that was setup for my children. As a result of this and a number of other confidential issues I don't trust Mega anymore. I don't think your data is safe on Mega anymore. But my non-compete clause is running out at the end of the year and I will create a Mega competitor that is completely open source and non-profit, similar to the Wikipedia model. I want to give everyone free, unlimited and encrypted cloud storage with the help of donations from the community to keep things going.

Re: Kim Dotcom Answers Questions

#7

Post by x5n1 »

typis7 wrote: post #6

I'm not involved in Mega anymore. Neither in a managing nor in a shareholder capacity. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all t…

Damn player don't quit.

Re: Kim Dotcom Answers Questions

#8

Post by wsr »

bitJericho wrote: post #5
leke wrote: post #4

Earlier quoted context omitted.

I think I'm going to wait for his opensource, non-profit alternative.

Would it be a violation of a non-compete to drum up interest before the non-compete expires?

This is a very good question. I really hope someone with domain knowledge answers it.
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