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Megaupload founder denies piracy

Originally published: January 23, 2012 8:24 AM
Updated: January 23, 2012 8:25 AM
By THE ASSOCIATED PRESS

German Internet businessman and co-founder of the popular

Photo credit: AFP/Getty Images | German Internet businessman and co-founder of the popular file-sharing site Megaupload.com, Kim Schmitz, aka Kim Dotcom, right, arrives at a Munich courthouse for his insider trading trial in 2002. (May 25, 2002)

Kim Dotcom, the detained founder of the file-sharing website Megaupload, insists he is innocent and poses no flight risk.

Dotcom, 37, appeared at a bail hearing Monday at an Auckland court after police raided his mansion Friday and removed him from a safe room where they say he barricaded himself.

Police arrested Dotcom and three Megaupload employees on U.S. accusations they facilitated...

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