I will also file a complaint with the SEC, and then close my account at MtGox , too.
Do you really think filing a complaint will help speed up withdrawals?
Not at all. I will be doing this as a matter of principle.
I and other customers would be grateful if you could wait until their banking problems are solved.
In other words, you want to get your money out before the whole thing collapses.
If you're not out of Mt. Gox already, it's probably too late.
Not as long as people are still receiving their wires, and there are steady reports from people receiving their wires.
A few things to think through before filing a complaint:
- Is MtGox the only exchange keeping US customer funds? Does bitcoin count as funds?
- Does SEC have a positive attitude towards bitcoin? Could this affect their acts?
- DHS already deemed money transfer by MtGox a threat to US homeland security and confiscated a small part of their funds. Could this apply to other exchanges?
- At least one very large and powerful US bank is actively blocking transfers to and from MtGox and at least one other exchange (by personal experience). Why don't you file a complaint over the bank instead? Could a complaint over MtGox make matters worse?
- The second largest exchange is in obvious breach of an EU directive (the elctronic money directive), and could get closed any time. Could this happen if SEC and/or DHS decides to take actions against Bitcoin in general?
- Could bitcoins kept at the exchanges get confiscated in addition to money?
- How about web based wallets etc hosted in the US holding bitcoins, if bitcoins are funds?
- Do you have a good place to hide in case your complaint leads to people losing their money kept at MtGox (millions of USD) or at other exchanges, wallets, etc?