Kim Dotcom is the founder of the site Megaupload, which was taken down by United States authorities last year for helping to facilitate up to $500 million in entertainment industry losses due to piracy. Kim has just launched a new service, Mega, and is already boasting half a million users. Kim held a press conference and launch party at his mansion in New Zealand, complete with a re-enactment of the raid by law enforcement on his mansion. The site features 50GB of free storage and adds encryption and decryption, a feature that Kim believes will keep him safe from any legal proceedings in the future. The decryption keys are held by users and therefore Mega has no ability to know what files are being stored and transferred using its service.