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Topic: only $5 million seized from MtGOX - making fears of insolvency ATM SMALL - page 3. (Read 7136 times)

vip
Activity: 756
Merit: 503
Money was freezed and not seized for what it's worth.

my bad - didn't bother thinking carefully about word choice -
Don't worry journalist neither: https://bitcointalk.org/index.php?topic=277817.0;topicseen
hero member
Activity: 602
Merit: 500
Money was freezed and not seized for what it's worth.

my bad - didn't bother thinking carefully about word choice -
vip
Activity: 756
Merit: 503
Money was freezed and not seized for what it's worth.
hero member
Activity: 602
Merit: 500
$3 million was apparently seized from Dwolla accounts - what happens to it noone knows.

i'd like to bring to attention that mtgox made that much in fees in a month during that time period.

this means that most money is likely very safe and just unable to be withdrawn due to bank embargo or other issues facing them.
insolvency from that - not likely at all.

carry on bulls and bears.

of course everyone blames gox for everything - they are the big gorilla who's getting beat up bad. but, that gorilla may very well survive.

edit: updated with wells fargo account info
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