Kim Dotcom puts up a fight to get assets back

Mega Upload founder Kim Dotcom headed back to the High Court this week to retrieve his New Zealand assets, which were seized during his arrest in January 2012.

Internet entrepreneur and Megaload founder Kim Dotcom says he's won a court battle in New Zealand to get back assets taken during his arrest on piracy charges.

Restraining orders on his assets, including cars, jewellery, and other property, were imposed after Dotcom's arrest in January 2012.

He was arrested on behalf of the United States government , which wants to lay criminal charges of copyright infringement, money laundering, and racketeering relating to his former Megaupload file sharing website.

Megaupload was shut down in January 2012 and its founders were arrested in New Zealand. Dotcom claimed at the time that Megaupload was legitimate and protected by the Digital Millennium Copyright Act, but US officials alleged that Dotcom encouraged users to upload videos, music, and software that infringed copyright, and allowed those users to share that content with others.

The officials estimated that Megaupload had cost Hollywood studios and other copyright owners US$500 million in revenue.

The restraining orders are set to expire, and Dotcom and his wife Mona were in the High Court in Auckland this week seeking to have their assets returned.

The Crown opposed, but Dotcom said on Twitter on Wednesday night that he had won the case.

"Breaking news: High Court ruling just now. Mona and I are getting our New Zealand assets back, unless the Crown appeals," his tweet said.

"I will rent the Taupo race track for a day with Internet Party members when my cars are returned!" he said in a follow-up tweet.

The United States has been wanting to extradite Dotcom to face the charges, an extradition Dotcom opposes.

Despite the ongoing legal battles, Dotcom appears to have been unfazed by it all. He has since opened a storage service, Mega , which offers users 50GBs of free storage, and has formed his own political party