3 ms·

To be fair, plenty of people tried to withdraw from Mt. Gox and were stonewalled [1]. Which, one can imagine, exacerbated the problem. 1: https://www.reddit.co

• apo 9y ago
  Withdraw of bitcoin was possible for many months while withdrawal of USD was blocked. I can't tell you how many /r/bitcoin posts I saw in the months leading up to the final closure of BTC withdrawal that went something like: "why is the BTC price so high on Mt. Gox compared to other exchanges?" This post gives you an idea. Note the first response and how difficult it is for users to actually see the dead canary: https://www.reddit.com/r/Bitcoin/comments/1w6qxm/mt_gox_arbitrage/ https://www.reddit.com/r/Bitcoin/comments/1w6qxm/mt_gox_arbi... Mt. Gox would accept USD deposits, but not withdrawals. You could move your bitcoin out, but not your USD. There were also shenanigans with trading bots. The post you linked to applies to USD withdrawals only. BTC withdrawals continued for some time, but many users decided to ignore to the dead canary and let the Bank of Gox hold "their" money for them. One of them was a well-known Bitcoin Core developer.
• Gargoyle 9y ago
  This is more accurate. There was a relatively lengthy period before the collapse when you simply could not withdraw.