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ExtraTorrent.cc > Articles > Cyberlocker’s Admin Accused of Money Laundering

Cyberlocker’s Admin Accused of Money Laundering

Cyberlocker’s Admin Accused of Money Laundering

Added: Thursday, August 23rd, 2012
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
The Oron case takes a new turn of events: the company has been sued by the porn studio Liberty Media, and now its administrator is accused, aside from copyright violation, of money laundering through Hong Kong and converting about $3,000,000 into gold bullion.

Two months ago, a lawsuit was filed against Oron’s admins for around $35,000,000 in copyright violation. However, a judge ruled that the service must pay the adult studio the least amount of $550,000.

Although many thought this was the end of the case, recent events proved different. A few days ago Oron asked the court to unfreeze its assets ($750,000, including the attorney’s fees), explaining that they are able to pay via a US PayPal account, so there’s no sense to freeze more of their money.

Moreover, the lawyers of the website asked the court to let them access $200,000 more to pay for post-judgment motions and an appeal. Of course, the studio’s lawyers were against this, saying that a thorough breakdown is mandatory and claiming out that the company failed to provide a detailed account of its overall funds. The studio claimed that the defendant has almost $3,000,000 in gold stashed away, so in case of need it could liquidate or sell a portion of this bullion. However, in this case it would be spending money that weren’t traceable and weren’t likely to be seized. That’s presumably why the money was laundered like this.

The studio’s lawyers explained that first the money were collected via PayPal, then wired to Hong Kong, then converted to gold stashed away. The plaintiffs even presented the court a copy of an e-mail containing details about Oron’s presumed owner. In addition, they claimed that the cyberlocker’s staff closed down their service on purpose to have a trump when in court.

There is information that the website’s servers with information are still in LeaseWeb data center. Moreover, the Oron’s owner is claimed to have yet another website, called Novafile.com. The adult studios insist that Oron has 9 known accounts and a stash of gold bars. However, the cyberlocker believes that the court should only order disbursements from the one American account – the one where the court’s jurisdiction can have immediate effect. So, if the company needs $200,000, it should use, or borrow against, the $3,000,000 worth of gold bars it has stashed away.

August 23rd,2012

Posted by: 

Date:  Thursday, August 23rd, 2012

Comments (6) (please add your comment »)

posted by (2012-08-24 08:05:56)
Ray186 avatarIf your going to make money untraceable DO Your Homework. Or just bank in countries that laugh at U.S. Subpoenas.

posted by Blocked (2012-08-24 23:46:44)
williebk avatarTo late for that now. They should of though that when the FBI taking down Megaupload. A lot of them porn studios and sites are losing millions on that sex crap and now they're blaming it on Cyberlocker services. So much free porn on the net, why would anyone paid for it.

posted by (2012-08-25 16:33:24)
mickdrift avatarFLMAO!! Outdated Business Models should be sued for not embracing and whining. Obviously the law makers are making millions?? Long Live P2P

posted by Blocked (2012-08-25 16:36:05)
menahunie avatarTwo months ago, a lawsuit was filed against Oron’s admins for around $35,000,000 in copyright violation. However, a judge ruled that the service must pay the adult studio the least amount of $550,000.

LMFAO; that would buy allot of coke.
Also how many ways can you film a hole being pounded?
$35,000,000.00 THAT IS SOME EXPENSIVE AZZ....

posted by (2012-08-25 16:38:58)
mickdrift avatarThey might have a case if they indeed delivered decent porn!! Still suing DL's of 'one night in paris' The sleaze selling sleaze!! Seed it all 4eva!!

posted by (2012-08-25 17:52:11)
No avatarLOL I just looked up some information on copy writes, ANYTHING that's Tangible "capable of being touched, discernible by the touch, material or substantial" "The work must be original" "Words, names, slogans, or other short phrases" "Works for which copyright was not obtained or copyright has expired" none of this can be copyrighted!
and Im sure there is a lot more that can't be LOL. and PORN is FAR from copy writable! seams that they are just like the rest of the entertainment industry GREEDY!

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