That was nerve-wrecking.
There was a whole internal crisis around it - it was not a huge school, private IT and media school with less than 1000 students at the time. They had logs that made me have to admit and I effectively got cut off the AD. Game over.
However, I still had a private 0day for the intranet so I could see what they were writing about what to do with the situation. It seems like the consensus was to turn us in to the police - just like with the boys in the article. But then our head of school posted an MP3 file on an internal closed message-board arguing for how this was not a way to to this and instead we got "detention"; I had to build a web app and database for connecting students to companies for internships. Which was pretty fun.
Some time after graduation and military service, the head of school calls me out of the blue and wonders what I am up to now. Apparently he had moved on from the school and was now working with one of the most famous web entrepreneurs in our country with a small startup in the town where I went to high school.
So that's how I got my first full-time job, where I learned a lot.
Morality aside, which approach was more constructive here?