Nintendo does own the rights to the IPs. And they have every legal right to get ROM sharing taken down. But what good does it do to sue a couple for $12 million? If they keep going after people, they will find it is a fruitless battle. If they actually had a proper and better than ever Virtual Console on Switch, piracy might decrease.

Lifetime Sales Predictions 

PS4: 130 mil (was 100 million) Xbox One: 55 mil (was 50 mil) Switch: 110 million (was 73, then 96 million)

3DS: 75.5 mil (was 73, then 77 million)

"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima