Quote from: Chaang Noi (Goat) ช้างน้อย on June 09, 2012, 10:30:39 AM

Quote from: kokjo on June 09, 2012, 09:29:16 AM

Quote from: CryptoCoinMedia on June 09, 2012, 09:04:40 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on June 09, 2012, 08:49:13 AM

Quote from: CryptoCoinMedia on June 09, 2012, 08:34:51 AM

Mt Gox needs to use a third party for AML/KYC rather than do it themselves. There is too much incentive for them to simply claim documents are fake and block account holders because there is no transparency at all .

Its like putting the banks in charge of their own regulations through the SEC which caused the GFC !

From my personal experience with them, I think they send the funds to a "court". They do not get to keep the funds (assuming you file counter charges against Mt. Gox).

Im more worried about my personal ID being on a site thats a honeypot for hackers....considering mt gox has been hacked in the past its not a risk I want to take. Did someone mention identity theft ?

im my opinion, because they have been hacked, you have a reason to trust them: they have failed and learned, and they are therefor more secure now then before.

just like bitcoinica

exactly