Topic: Delay in Wire Transfer Deposits to Mt Gox Accounts (Read 2931 times)

More like "Alca-gox". In honor of Alcatraz.

My bank says funds were wired more than a week ago.  Apparently it is Mt Gox's bank that is causing the problem.  It's getting harder and harder to get anything in and out of there even when verified.  May as well officially change the name to Fort Gox.

July? They've been delayed longer than that, almost like the seizure of US bank accounts may've had something to do with it. Just a shot in the dark, here - but maybe US banks don't want to deal with an exchange which's had funds seized, practically declared unlawful in operation, and still not properly licensed/bonded. Non-USD wires don't seem to be affected, though there've been some complaints about delays there, too (unsure if more than usual, though -- I don't pay that much attention).

Don't worry about it, though. I've been assured that Mark's simply had a change of heart, realizing he was previously being greedy with exchange market share to the long-term detriment of Bitcoin. He has set to intentionally sabotage Mt Gox, trying to blame noble lack of regard toward fiduciary duty on incompetency.

Mark recognized exchanges are just as critical to Bitcoin's infrastructure as mining itself. He has thus been trying to decentralize the market, but has since succumbed to alcoholism, realizing all the other exchange operators are as incompetent as himself while self-destructing.

Once the brand is destroyed and a proper exchange oligopoly is established, USD wires will start going out. Set your sights on 2020!


(fun fact: roughly half the subforum's front few pages are threads on the same topic)

they said in their latest PR that they are doing this because they encountered some issues with the wires being reversed, hence the delay, or longer waiting time

Anyone else experiencing significant delays following the announcement from Mt Gox below?

https://support.mtgox.com/entries/21692589-Changes-to-Deposit-Transfer-Procedures-