Most of us have heard about the MegaUpload debacle, where founder Kim Dotcom was arrested and is now facing some very serious charges. Since MegaUpload was blocked by U.S. authorities, users have not had access to their precious data.

The data of roughly 50 million MegaUpload users stored on servers from third-party storage providers could actually be wiped, even though MegaUpload's lawyers claim it would compromise their ability to defend themselves in court. MegaUpload's lawyers have argued that losing user data would reduce their ability to defend themselves against the charges, as well as affect millions of users who have data on the servers, who are 100-percent innocent.

Ira Rothken, an attorney for MegaUpload says:

We're cautiously optimistic at this point that because the United States, as well as Megaupload, should have a common desire to protect consumers, that this type of agreement will get done