Feds Kill Megaupload (Updated)Mixtape mecca and openair piracy expo Megaupload has a serious problem: it’s just been shut down by the feds. The feds. And they didn’t even need SOPA!

The federal indictment accuses Megaupload—which shocked the internet with the revelation that rap producer Swizz Beatz is for some reason its CEO—of over $500 million in lost media revenue from hosting pirated media. Luckily for us, there are plenty of alternatives to Megaupload. And luckily for Swizz Beatz, he’s still a super-successful rap producer, an NYU professor, and Alicia Keys’ husband. [AP]

Update: The WSJ says seven Megaupload employees are under arrest, with four already locked down—four of them in New Zealand! No word if one of them is Swizzy himself.

Update 2: As of 13 hours ago on Twitter, Mr. Beatz did not seem to give a shit about anything.

Photo: Dimitrios Kambouris/Getty

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