FIRST AIRED: July 5, 2018

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00:00:00
>> Internet entrepeneur Kim Dotcom can be extradited to the United States, a New Zealand court ruled Thursday. The Megaupload founder faces racketeering and criminal copyright charges. US authorities accuse Dotcom and three fellow executives of costing film studios and record companies more than $500 million, encouraging paying users to keep and chair copyrighted material.
00:00:27
It's the latest step in a 60-year-old saga, seen as a test of how far the long arm of US law can reach to protect American firms' intellectual property rights. Dotcom's lawyers have argued that copyright infringement isn't a crime in New Zealand. And there's not enough evidence that Megaupload 4 conspired to commit a crime.
00:00:47
German-born Dotcom is known for his lavish lifestyle as much as his computer skills. His battle could continue since the justice minister must approve his extradition, which could be subject to further court reviews.