Earlier quoted context omitted.
This didn't need proving. They send you JavaScript code, which you trust to encrypt your files. Without a built-in, well-audited, static browser mechanism no web service can ever be trusted with confidential data . If the Feds decide to raid MEGA again they can simply modify their server side script to recognise your IP and serve you bad JavaScript from the MEGA domain, revealing your keys the next time you login. No…
Sure, but don't you think it's important that they make this clear? So far they market heavily on the fact that it's secure when this is simply not true. If you read their security page, they do say you shouldn't use it if you don't trust them. But that's about it for any warning that you're basically sitting there naked. I know no security system is entirely secure, but they aren't generally targeting security minde…
At least with MEGA you know the security framework is something they've engineered themselves, so you know you have to trust them. With SSL/TLS you're deferring to authority simply because it's convenient.