On Jan. 19, Megaupload, a major file sharing site, was shut down by the FBI and its owners were charged with copyright infringement, according to an article on PCMag.com. In addition, PC Mag said they were also charged with "conspiring to commit money laundering, and two substantive counts of criminal copyright infringement. If convicted, those involved face up to 50 years in prison on all charges."
The money laundering charge comes from Megaupload being accused of illegally profiting off of copyrighted content that was put on their website and distributed to other websites through links; content such as movies, music, books, TV shows and software. However, Megaupload was not just a haven for copyrighted content.
One of the most popular bittorrent sites, BTjunkie, has been "voluntarily" shut down in the wake of last month's closure of Megaupload. The founder of the site told TorrentFreak that legal action against other filesharing sites, such as Megaupload and The Pirate Bay, had played an important part in his decision.
Maybe the end is near!