Kazaa Assets Frozen in Australia

[KingFish]

The assets of Sharman Networks, the maker of the Kazaa peer-to-peer software, have been frozen pending the outcome of a lawsuit brought against the software-maker by the recording industry.

The personal assets of Sharman's directors, including their homes, have also been frozen following the latest legal push. Australia's Federal Court heard the music industry's motion in Sydney on Friday. The assets of Altnet, which licenses technology to Sharman and is a co-respondent in the action brought against Sharman, have also been affected.

The maneuvering comes just days after Altnet said it would set up a fund designed to give independent record labels a share of Kazaa's advertising revenue. Lee Jaffe, Altnet's president, told Wired News the asset freeze is nothing more than an attempt by the major record labels to choke off a revenue stream destined for the cartel's smaller rivals.

"They're just trying to freeze any money going to independents," Jaffe said. "We made an announcement that we had convinced Sharman to share its advertising revenue with all the labels that we've signed deals with ... and I think that really freaked them out."
Source: Wired (http://www.wired.com/news/digiwood/0,1412,66792,00.html?tw=wn_tophead_2)

[FormFactor]

So, who thinks the secret logs the programmers were so reluctant to include, but did under order from the Sharman hanchos were also taken?

Every transfer made on kazaa to date has been logged. I don't know about you. But I am at least a little teany bit worried that IP addresses of those transfers were logged too.

[FormFactor]

Not that I have used kazaa for anything illeagle. But that kind of evidence could potentially fuel the **aa beasts into a fury of subpeonas, and lawsuites.

[beregid]

as long as you used a proxy and switched it often, your ip will not be your downfall. ofcourse, how many kazaa users do you think actually used a proxy to change there ip address. :rolleyes:

[Kazaa (Guest)]

Omg, that is just stupid we should take them to court spying on what we are doing that is the "data privacy act" we need to take them to court, or spy on them to see how they like it.