Today, the infamous Kim Dotcom announced that he will be resigning from Mega, the encrypted cloud storage service he created after having his home raided and his brainchild Megaupload seized. The resignation took place on August 29 and Bonnie Lam took the managing director seat on the same day.
Dotcom says that he resigned so that he could concentrate all of his efforts on his pending copyright case as well as the new political party he plans on forming next year. In a Twitter post, Dotcom said, "#Mega is in excellent hands. I resigned as Managing Director to focus on my copyright case & a new political party."