The largest exchange not being on US Soil is bad for the Government. What's not in the US can't be controlled. Gox gave them an excuse to shut down their accounts. Any excuse would have done.
I would guess the US government is pissed off like never before because of this. ^^ The US loves to control stuff.. at least that's what the rest of the world thinks.
I keep my fingers crossed that MtGox gives the US govt as close to nothing regarding customers' credentials and similar info. I do believe that's actually the case. Japanese as well as the chinese purposely perform less than their potential when they know it would result in gains for another country or a company that was founded by another country. This mentality I've noticed a lot when I've worked abroad in these countries... I think it's part of their culture, to be such nationalists and do everything they can to favour their motherland. I encourage this!