This is coming from MegaUpload’s attorney (spotted on Venture Beat):
Contrary to earlier reports, Swizz Beatz is not the CEO of MegaUpload and was not named in the shutdown of the company yesterday (Jan. 19th). “To my knowledge, Swizz Beatz was never involved in any meaningful way, He was negotiating to become the CEO, but it was never official,” said Ira Rothken, MegaUpload’s attorney.
Update. FEDS looking to drag Swizz in Megaupload case