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Kim Dotcom loses appeal, ordered US extradition over $500M losses

7/1/2026

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Story summary
  • Kim Dotcom lost his July 1 appeal in New Zealand, leading the Court of Appeal to order his extradition to the United States.
  • U.S. authorities estimate that Dotcom and three Megaupload executives caused film studios and record companies to lose more than $500 million.
  • Dotcom remains on bail and may seek Supreme Court review of the 2024 decision that found no legal basis to block his extradition.