Mt. Gox Still Working on Withdrawals As Price Sinks Below $150
As was noted late on Thursday, Mt. Gox made a follow-up statement on Thursday with regard to the status of withdrawals at their exchange. The Tokyo-based company says they didn't want to provide an "update on an update", but the fact of the matter is that there aren't very many new developments on this front. In other words, they're still working on it. Gox is blaming an office move for delaying things further: In addition to the technical issue, this week we have experienced some security problems, and as a result we had to relocate MtGox to our previous office building in Shibuya. The....
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Since June 2013, the bitcoin exchange Mt. Gox has been struck by severe problems with fiat currency withdrawals. According to their press release of June 20th, cash withdrawals would be suspended for 2 weeks. On July 4th, a press release stated that withdrawals had fully resumed. Despite this positive tone, it was shortly noted by the user community that few withdrawals seemed to be occurring in a timely manner. Queries to Mt. Gox support since that time have normally been answered with a statement that it is taking several weeks for withdrawals and to please be patient. Unfortunately, as....
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