Well, potentially, on account of one key difference. Via The Daily Dot:

The new Mega can provide better harbor to Internet pirates—provided they’re careful.

Mega, the new file locker service created in the wake of Megaupload’s shuttering and ongoing legal trials, differs from its predecessor in a single important way (besides the fact that it’s not currently the subject of a massive, multinational trial): Users can encrypt their files.

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