MtGox withdrawal delays [Gathering]

[jermwerty]

UGH I had been using Gox with no issues for small xfers.  Decided to pull  ~13BTC out and YEP - NO XFER!

WTF GOX!

[infoman]

and this morning I got back 6.9btc to the GOX account what was lost. (I am still down by 2 coins but still happy at least there is a progress)

now how the hell can I get this out from there?
I did  small transfer of 0.178btc, instantly arrived

I did a 2nd 0.178 and it is stuck!

[smoothie]

and climbing....http://coinsight.org/mtgox.html

[infoman]

bump over ignored donk4u.

does anyone have a statistic what sort of transfers go through, or time delays should be kept in between them.
I have done an instant transfer of 1.1btc a sec ago again, but before I go and try to transfer bigger chunks, would be great to see if someone had experiences on this.

for example how many confirmations a previous transfer needs to take before new transfer can be done from the very same mtGox account?

[donk4u]

and climbing....http://coinsight.org/mtgox.html

a
lolol  only limited users according to gox support good game mt gox

[AFox]

You are all scaring me.
My BTC now going out of MTGox ....

[infoman]

You are all scaring me.
My BTC now going out of MTGox ....

good luck dude, its not an easy task

[AFox]

You are all scaring me.
My BTC now going out of MTGox ....

good luck dude, its not an easy task

Asked for a BTC withdraw 10 minutes ago. It went threw and has already 2 confirmations.

[infoman]

this is awesome!
may I ask you the amount? roughly?

[BCbitcoin]

this is awesome!
may I ask you the amount? roughly?

I just tried BTC1 ... fail.

[hcdc070165]

Requested withdraw of approximately $500 in November, 2013 to US account. Still waiting. Here's a reply from Mt. Gox on December 27, about six weeks ago.

Dear Brett,

Thank you for the email and sorry for the delay in response. Currently we are facing few backlogs and we do not have an ETA for international withdrawals. We are in the process of forming relationships with new partners, banks, and taking other steps to clear the backlog. Your withdrawal request is currently in the queue and we will update you once the request is processed. We apologize for any inconvenience this may cause.

Best regards,

Mt.Gox Team
https://www.mtgox.com

[McNulty]

Hi,

I'm still waiting almost 3BTC since 2 days...   

[Gogo ppp]

My sympathies with all who are having withdrawal problems with Mt. Gox. I hope all succeed in receiving their withdrawals.

As a USA citizen and sportsbettor who has bet for years with offshore (non USA) sportsbooks, I have seen many once thriving sportsbooks go under.

Unfortunately this has all the earmarks of a process I've observed too many times over the past 15 years.

[tvbcof]

Requested withdraw of approximately $500 in November, 2013 to US account. Still waiting. Here's a reply from Mt. Gox on December 27, about six weeks ago.

Dear Brett,

Thank you for the email and sorry for the delay in response. Currently we are facing few backlogs and we do not have an ETA for international withdrawals. We are in the process of forming relationships with new partners, banks, and taking other steps to clear the backlog. Your withdrawal request is currently in the queue and we will update you once the request is processed. We apologize for any inconvenience this may cause.

Best regards,

Mt.Gox Team
https://www.mtgox.com

Identical or nearly identical boilerplate that I got back in Sept (for my mid-Aug wire which I still have not received.)  It means nothing, so don't get your hopes up or handle your financial matters with an expectation of seeing the money.

[solex]

Requested withdraw of approximately $500 in November, 2013 to US account. Still waiting. Here's a reply from Mt. Gox on December 27, about six weeks ago.

Dear Brett,

Thank you for the email and sorry for the delay in response. Currently we are facing few backlogs and we do not have an ETA for international withdrawals. We are in the process of forming relationships with new partners, banks, and taking other steps to clear the backlog. Your withdrawal request is currently in the queue and we will update you once the request is processed. We apologize for any inconvenience this may cause.

Best regards,

Mt.Gox Team
https://www.mtgox.com

New update from gox

In short, they still haven't found a new banking partner and now deposits also take minimum 10 days. Glad I'm out of there.

Deposits and Withdrawal Update Finally,

The issues with deposits and withdrawals from Mt. Gox are being relieved, but still not at the rate we want. For example it currently takes up to 10 days to process a deposit because our bank, upon receiving deposits, notifies us of the deposit but holds them for 7~10 days before transferring them to our account. This has always been the case, and we were still crediting customer accounts before receiving the funds ourselves, but some cases in which the bank subsequently rejected the deposits meant that we incurred significant losses. The risk is now too high for us to credit accounts prematurely. We are in the process of forming relationships with new partners, banks, and taking other steps -- hopefully we will not only be back where we were before we encountered these issues , but much further ahead.

https://www.mtgox.com/press_release_20130805.html

Here's a reminder from 6 months ago!

[AFox]

this is awesome!
may I ask you the amount? roughly?

About 10BTC.

[Nagle]

Again, to complain to the US SEC, call (202) 942-8088. If you're in the US and Mt. Gox owes you money, do this now.

There's an online report form. https://denebleo.sec.gov/TCRExternal/questionaire.xhtml. Fill that out, and call.

Important points:

- Check the box "Are you having or have you had difficulty in getting access to your funds or securities?"
- Also check the box "If you are complaining about an entity or individual that has custody or control of your investments, have you had difficulty contacting that entity or individual?" Those are alarm conditions to the SEC that indicate the need for immediate action.
- Mention that Mt. Gox is registered with FinCen and has an office address in Delaware.
- Give the address of Mt. Gox in the US:
    FinCen MSB Registration Number: 31000029348132
    Legal Name: MtGox Inc
    Street Address: 615 S Dupont Hwy
    City: Dover
    State: DELAWARE
    Zip: 19901

- Mention that Mt. Gox is headquartered in Japan but deals directly with US persons. (This gives the SEC jurisdiction.)
- Give the actual address of Mt. Gox in Japan:  Tōkyō-to, Shibuya-ku, Shibuya, ２丁目１１−６. 5th floor. (Office building about 300 meters east of Shibuya station.) The SEC has a cooperation agreement with the Japan Financial Services Agency. If the SEC starts an investigation, the JSA will become involved. They can make things happen in Japan, from audits to arrests.
- Mention that press reports indicate that upwards of $40 million is involved and that the whereabouts of the CEO are being reported as unknown. Mention that US dollar withdrawals have been stalled since June 2013.
- Don't sound like a nut.

This raises all the right red flags at the SEC, indicating it's a "take the money and run" operation and they need to act immediately. The SEC knows all about "take the money and run" operations. They put people in jail for that. And they often get the money back.

[Savior]

Guess I will flamed for this and accused for all sort of bullshit, but I still recieve euro from mtgox, last one 04. februar. The one before that was 15 January so less then the 20 days even.

[ilpirata79]

What about SEPA? How long are they being delayed?

Best regards,
ilpirata79

[jermwerty]

Guess I will flamed for this and accused for all sort of bullshit, but I still recieve euro from mtgox, last one 04. februar. The one before that was 15 January so less then the 20 days even.

No we believe you.  Bank Xfers are a different issue than BTC Xfers though.

BTC SHOULD ALWAYS BE INSTANT - and confirmed within about an hour.

THE PROBLEM IS:

MTGOX will constantly "pretend" to send you the BTC, but never actually TX it to the network.  History shows if this happens to you it takes 5-7 days to actually get your BTC.  

The scare is this used to be a random thing that occurred every now and then (I had 2BTC stuck in NOV and chalked it up to a fluke).  But with 50-90% of all transfers being faked now (just a guess based on http://coinsight.org/mtgox.html ) this could be the end...