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Megaupload co-founder's bail appeal rejected

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While users housing content on the troubled Megaupload site were given a two-week reprieve, one of its co-founders is having less luck. Kim Dotcom has lost his appeal for bail, with prosecutors fearing that he would flee from New Zealand and return to his native Germany, possibly making him safe from extradition. According to the BBC, the prosecution alleged that Dotcom -- formerly Kim Schmitz -- had multiple passports and bank accounts, and "a history of fleeing criminal charges." His next court appearance his scheduled for February 22nd.

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