The site was shut down by the U.S. Justice Department on January 19, 2012. The team of Megaupload programmed the service from scratch and called it MEGA
MegaUpload was a file-storage service, but was closed on 19 January 2012. The files were downloadable by anyone; there was a 45 second wait time before downloads. You need to enter a CAPTCHA before beginning a download.
MegaUpload offered ad-financed free and unlimited premium online storage (for 59.99 €/year) and remote backup capacity, plus sophisticated uploading and downloading tools.