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4 December 2008 1:53 AM, PST | From Studio Briefing - Film News | See recent Studio Briefing - Film News news

An Australian-based BitTorrent site was shut down by police today (Thursday) and its two operators were charged with money laundering, following an investigation by the Australian Federation Against Copyright Theft (AFACT). The anti-piracy group had claimed that the site had bootlegged millions of copyrighted movies while charging subscribers $10 per month for access. A Brisbane magistrate froze a bank account of one of the two men containing A$54,000. AFACT had alleged that they were earning A$10,000 per month from the operation. The website TorrentFreak identified the site as MovieX and said that it was currently displaying the message, "We are temporarily offline. Currently there is No Eta Available." The two arrested men were described as brothers, but their names were not immediately disclosed.

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