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I'd be fairly impressed if they survived - they seemed like they were already on the ropes in terms of solvency with it taking months to payout for BTC after th
by ZachPruckowski 13y ago
I'd be fairly impressed if they survived - they seemed like they were already on the ropes in terms of solvency with it taking months to payout for BTC after the US government froze their accounts or fined them or whatever in May. I'm not really sure how many serious dick-punches like that a company can take.
- jedunnigan 13y agoThose funds were seized because of their relation to SR and other illicit activity. As such I don't think that has an effect on Gox's solvency.[1] [1]http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-fed-testimonies http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-...
- atwebb 13y agoIf they were running a ponzi type operation then any missing cash on hand could greatly disrupt their payments depending on the withdrawls at the time.