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by ye 4507 days ago
Here's the comment from MtGox from around 24 hours ago:

http://www.reddit.com/r/Bitcoin/comments/1x91xq/mtgox_announ...

> Hello all. We just want to reiterate that this is not a “stop” but a temporary pause so that we can implement a proper fix to the problem. To analogize, not pausing withdrawals would be like trying to fix a car while going 120mph down the highway. The issue merely compounds on itself. This pause is clearly not ideal, but it will lead to a better outcome than doing otherwise. We’re very sorry for the inconvenience.

2 comments

It would be great if that were true but Mt.Gox has a habit of saying things like this as if they will have the situation resolved shortly and then never following up. Case and point after the seizure of their bank account in the US early last year they put out a press release saying they would update everyone on the situation on such and such a date. They never said anything about it ever again. Now we are here. Hard to imagine how they can ignore this and survive as a business but their track record of follow though isn't great.
I expect they will pay up, but at the moment what MtGox does is a whole lot more interesting than anything they can say.