There are people who can get fiat out of Gox - Japanese. But it's not consistent enough to do any major arbitrage unless yesterday was what was happening.
really? Name one. One fucking person who has had a successful fiat withdrawal this year. Cuz that bastard's got my money.
Here are some, but even JPY is way backed up (which is not normal):
I am a Japan resident. Posted a withdrawal on the 5th of January, was in my account 9 business days later.
You can find me in the epic bitching thread saying as much.
Requested 1/7 withdraw processed today 1/28. Waiting on a 1/10.
Thank you. That's informative. Perhaps it's the Japanese government who is facilitating this theft for the benefit of its citizens. If so, they are killing a golden goose.