The German entrepreneur and failed politician has revealed this week that his three-year, $10 million legal fight against extradition to the US to face trial on an alleged conspiracy to commit the biggest-ever breach of copyright has seen him run out of cash.
A high profile Queen's Counsel and one of the country's biggest law firms stepped down from his legal team team earlier this month.
"The US Government has taken all my assets up until the raid in all jurisdictions and after I invested money into the internet Party, the MPAA (Motion Picture Association of America) sued me civilly to try to seize those assets too, so I'm officially broke right now," Dotcom said via live video-link from his Coatesville mansion at the Unbound Digital conference in London yesterday .... http://www.nzherald.co.nz
