This happened to me. All my files were private (never shared publicly). I had 
my account in good standing for years (all with the same files).
Anyone  (e.g. nefarious hacker; Mega calls them "Complainant") who has a direct 
link to your Mega.co.nz files can report "Copyright Infringement" to Mega 
(Mega, in their TOS, does not investigate the Complainant authenticity -- they 
simply suspend your file, and maybe your account). Someone got ahold of several 
of my file links and reported them to Mega.co.nz on the same day. Mega 
suspended my account.
They do offer a lengthy "Dispute" form (that takes a long time to manually fill 
out, and you have to reveal a lot of personal data). Also, each Disputed file 
must be claimed separately (I had over 20 files).

Bottom line:
Don't trust Mega.co.nz 
But if you insist on using them (or you have legacy account with them) -- back 
your files onto a HDD, and have second Host account (preferably NOT with 
Mega)...just in case.
You've been warned!

On Tuesday, March 5, 2013 at 10:20:58 PM UTC-8, Michiel B. de Jong wrote:
> "If we terminate our services to you because you or someone you have 
> given access to has breached these terms, we may if we wish delete your 
> data immediately."
> https://github.com/tosdr/tosback2/blob/265e49bf24a91076495ce1fddf279c4638421a66/crawl/mega.co.nz/Terms%20of%20Service.txt#L49
> 
> they say you should keep a backup copy anyway, and presumably they will 
> only do this if forced to by law, but that is not what the clause says.
> 
> they may just delete all your data when they feel like it, and then if 
> you complain that you find that unfair, they can say "you should have 
> read the terms".

-- 
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should be submitted and discussed

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