Mt Gox now needs verification before deposits & withdrawals

[Benson Samuel]

Attention Users: From May 30th 2013 all withdrawals and deposits in fiat currency will require account verification. However withdrawals and deposits in Bitcoin (BTC) do not require verification.

+1

[bt2084]

The new message, as of this morning (it changed overnight) now shows:
"Attention Users: All withdrawals and deposits require account verification."

I just opened a new account and after buying USD and then selling it for BTC was told that to get my BTC I also needed ID verification -!

DO NOT USE MT GOX!

This basically means you must send them photo ID and utility bills. This from a company who was hacked in 2011. Now they want my personal information -- basically a honeypot for ID Theft hackers?!!?  I don't think so.

Here is what their site says now:

"Please be aware that your account is not currently verified.

All Mt. Gox user accounts are required to be verified in order to perform any deposits and withdrawals.

Account Verification
To prevent your account from being locked please provide complete and accurate information.
To become verified please complete the following form and submit identification documents to Mt.Gox. All fields must be filled out before a submission can be reviewed.

Required documentation :
- VALID Photo ID (Identity card, license, passport,...)
- Residence Proof (utility bill, tax return, insurance,... no bank statements)
ISSUED WITHIN 6 MONTHS

https://www.mtgox.com/forms/verification

[Pinwheel]

while, I'm sympathetic to the cause of privacy, I cant turn my back on Gox, simply because it has volume and offer some opportunity for stable predictable income.

[dishwara]

Seems FBI trying to take full control by forcing mtgox to get verify for even BTC deposit & withdrawal as some just use mtgox for day trading only & never convert/withdraw as fiat.