I just saw the announcement at
https://mtgox.com/press_release_20130620.html WTF ?!?!?!I suspect Mt Gox is in deep shit, but is trying to save it's ass. There is just no point in stopping USD withdrawals, yet still accepting USD.
This is a matter that stinks like rat-filled a gutter on a hot summer night.
I don't trust it. What's next?
+1
It tells me they are short on cash reserves because there has been a recent run on their "bank".
Which could only lead me to believe that they in some sense were running a ponzi (not sure why they would need to).
But allowing deposits yet cutting off withdrawals tells me they would not be able to meet their USD withdrawal obligations if they allowed it. This 2 week period, IMHO, is a time to catch a breather on their ever outflow of USD.