Megaupload Bail Decision Reserved

Kim Dotcom and other defendants will remain in custody

Kim Dotcom and the other Megaupload defendants may have to wait until Wednesday to find out if they can be released on bail.

Judge David McNaughton has reserved his decision until tomorrow or possibly Wednesday, until which time the defendants will remain in custody at Mount Eden remand centre.

Kim Dotcom, founder of the file sharing site Megaupload, appeared at North Shore District Court this morning for a bail hearing along with three other men involved in the case.

Dotcom, along with chief marketing officer Finn Batato, Mathias Ortmann, chief technical officer, Ortmann and Bram van der Kolk, programmer, were arrested on Friday by New Zealand Police who executed provisional arrest warrants requested by the United States Department of Justice.

All four defendants are expected to apply for bail pending an extradition hearing. Lawyers representing the US government have opposed bail for all four defendants.

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