It reads like the plot to a spy novel: The US government dropped a nuclear bomb on "cyberlocker" site Megaupload, seizing its domain names, grabbing $50 million in assets, and getting New Zealand police to arrest four of the site's employees, including enigmatic founder Kim Dotcom (via Ars Technica).Shotguns, a Rolls Royce Phantom and millions of dollars were seized from properties linked to Megaupload, as the U.S. sought to extradite the file-sharing firm's founders reports The Guardian. It's a preview of what life would be like under the U.S. Senate's Protect Intellectual Property Act (PIPA) blogs the Technology Liberation Front. "PIPA supporters have argued that worries about Internet censorship and user disruption are exaggerated and the bill's real goal is to target shadowy "rogue" sites that deal in counterfeit merchandise and pirated video downloads. With Megaupload, we found out just who the Feds thinks these rogue sites are." Um, right. Meanwhile, the hacker group Anonymous staged one of its largest attacks ever yesterday in retaliation. Gawker has the details of the absurdly lavish lifestyle of Kim Dotcom, while Fast Company gives us a rundown on his penchant for Playboy bunnies, russian nuclear vessels, and his private war on terror.

Meanwhile Cnet has the YouTube evidence of his delusions of grandeur. Whatever you think of it all, you can't make this stuff up!