This is a bait and switch mixed with a smash and grab. MTGOX was tricked into signing a contract that puts itself, the Bitcoin chain, and its exchange users at risk. Mark my works Coinlab is a defacto entity of regulatory authorities of which its purpose is multifold:
1. Force all North American users to comply with FinCen regulations (and by extension global users).
2. Collect Bitcoin user data globally.
3. Crush the largest operating exchange financially.
4. Displace it with a traditionally controlled corporate central entity.
5. Crush and or subvert the cryptocurrency.
http://www.scribd.com/doc/139196333/Coinlab-v-Mt-Gox
http://coinlab.com/status
https://mtgox.com/pdf/20130503_coinlab_lawsuit.pdf
I suggest a boycott of Coinlab's services until the suit is dropped. I know no one likes MTGOX but right now Bitcoin users depend upon it for liquidity. The economy needs more time to grow before it can tolerate the loss of the largest central exchange.
