Those are my USD, not yours . . .
This is not at all clear under US law, which would presumably apply given Bitfloor's ties to the US.
Au contraire, US law is perfectly clear on the matter:
Actually, that clause is exactly the problem. Until
due process of law, it is not legally clear whether any of the USD controlled by bitfloor is the property of those who had BTC on deposit, the property of bitfloor, or solely the property of those who have USD on deposit with bitfloor. Bitfloor therefore cannot legally give USD to anyone until due process determines exactly whose property each and every $0.01 is.