Post
Topic
Board Speculation
Re: Will customers who have FIAT at Mt. Gox be able to withdraw their FIAT currency?
by
murraypaul
on 28/02/2014, 17:03:30 UTC
I dont get it. If someone accepts a deposit and hold fiat currency for you, and they still have it, how the f*** can they legally deny to pay that money which is mine and which they have?Huh? I dont get it, sorry!

If you were dealing with an actual bank, they couldn't do that.
But MtGox isn't a bank, isn't regulated as a bank, and you have none of the safeguards you would have had if they were a bank.