Comment 3 for bug 489953

Jimmy,
thank you for reporting this bug. After reviewing your logs I have determined your bug to be duplicate of bug 455544 . Please check that bug for updates and any possible workarounds. Also make any additional comments there. The Ubuntu One team is working very hard to take care of this bug.

Thank you for helping to make Ubuntu better,
duanedesign
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NOTE: The problem is that setting the bandwidth preferences to the defaults (clicking on the checkboxes and not changing the values) results in the read and write limits to be set to -1. The workaround is to delete the ~/.config/ubuntuone/syncdaemon.conf, restart the client, and don't set the bandwidth settings to the defaults.
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[bandwidth_throttling]
 read_limit = -1
 write_limit = -1