Which means the NZ government is in control. Recently his shares have been seized by the NZ government. He used a number of straw men and businesses to accumulate more and more Mega shares. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. Neither in a managing nor in a shareholder capacity. In a Q&A, Kim Dotcom, one of the original founders of MEGA, has said that user should no longer trust MEGA for a number of reason reasons. Others will claim they’re nothing more than a honeypot and should be avoided at all costs. Some people will claim it’s fine because it’s open-source (front-end clients) and has client-side encryption. Also, as stated in their TOS, MEGA may keep a copy of your files after being removed from your account. However, MEGA is highly controlled by and subject to the New Zealand government. That means that your files are encrypted immediately upon storing and that only you can access your files. Unlike traditional cloud storage providers like Google Drive, Apple iCloud, Dropbox, Microsoft OneDrive, and Amazon Drive, MEGA and Internxt encrypt your files not only in transit but also at rest, and both services grant only the user a unique decryption key.

All these services share in the vision of creating a cloud storage service that empowers users with total control, powerful security, and uncompromising privacy of their files.

MEGA follows a similar philosophy to that of Tresorit, pCloud, Sync, and Internxt Drive. It features mobile, web, and desktop apps, and its prices and usability are very reasonable. MEGA's service features zero-knowledge encryption, and it is indeed extremely secure. For a very long time, MEGA has been praised to be the single most secure alternative to all other 'traditional' cloud storage services. MEGA is a cloud storage service offered by Mega Limited, a New Zealand-based company.

Megasync cloud drive