Bitcoin Forum
July 23, 2018, 02:41:09 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: DO NOT USE MT GOX - MtGox requires photo ID for BTC transactions now!  (Read 5543 times)
bt2084
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
October 18, 2013, 11:29:19 AM
 #1

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 just to get your Bitcoins back into your wallet or to send to someone to buy something. 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

So I say... spread the news... and do not use Mt. Gox for anything and don't recommend it to anyone new.

I can only suspect that the are doing this because they are insolvent at this point.  They must know they will lose many customers by invading privacy at such a deep level, with the potential for customer's to have their ID's stolen. So why do it?  Well, it does prevent or slow people from taking their coins out.  So perhaps they are just not able to repay.  Scary stuff.  I'd avoid Mt. Gox.  Campbx.com and many others are good alternatives, right?
1532356869
Hero Member
*
Offline Offline

Posts: 1532356869

View Profile Personal Message (Offline)

Ignore
1532356869
Reply with quote  #2

1532356869
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532356869
Hero Member
*
Offline Offline

Posts: 1532356869

View Profile Personal Message (Offline)

Ignore
1532356869
Reply with quote  #2

1532356869
Report to moderator
1532356869
Hero Member
*
Offline Offline

Posts: 1532356869

View Profile Personal Message (Offline)

Ignore
1532356869
Reply with quote  #2

1532356869
Report to moderator
alex0909
Sr. Member
****
Offline Offline

Activity: 261
Merit: 250



View Profile
October 18, 2013, 12:56:25 PM
 #2

LOL
This has been active for more than 6 months.

Bitstamp also verified it's customers last month.

It's not a ''breaking news''.

Best regards.
howzar
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


View Profile
October 18, 2013, 01:03:06 PM
 #3

LOL
This has been active for more than 6 months.

Bitstamp also verified it's customers last month.

It's not a ''breaking news''.

Best regards.
it's new,the Old message was only regarding FIAT withdrawals but hasn't included BTC's. not now.
leoragraves666
Full Member
***
Offline Offline

Activity: 192
Merit: 100



View Profile
October 18, 2013, 01:04:24 PM
 #4

Been like that for some time now, I had this like 2 months ago

PC & Mac repairs
fattypig
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile WWW
October 18, 2013, 01:19:43 PM
 #5

Oh man, this is getting worse...

Scott J
Legendary
*
Offline Offline

Activity: 1792
Merit: 1000


View Profile
October 18, 2013, 01:22:07 PM
 #6

Or, just possibly, in order to get new banking partners online, they need to increase their KYC efforts?

Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2016
Merit: 1007

Newbie


View Profile
October 18, 2013, 01:27:43 PM
 #7

Anyone still uses MtGox?  Shocked
pinger
Legendary
*
Offline Offline

Activity: 1501
Merit: 1000


Bitcoin - Resistance is futile


View Profile WWW
October 18, 2013, 01:51:22 PM
 #8

Anyone still uses MtGox?  Shocked

Bitstamp doesn't allow me to verify because I only use electronic bills, no paper is sent ever, so I can't verify according to its procedures. I just deleted my account, but they now have my ID and address.

Stop attacking Mtgox just because the US gov is a pain in the ass for any company.

For rent
RodeoX
Legendary
*
Offline Offline

Activity: 2674
Merit: 1056


The revolution will be monetized!


View Profile
October 18, 2013, 01:54:58 PM
 #9

 
Also, STOP USING MONEY!!! BANKS ARE REQUIRING ID!!!!  Roll Eyes

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
imrer
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
October 18, 2013, 10:30:52 PM
 #10

lol, it has been like this since I can remember (half a year I believe)

Start your own casino site: » CoinDice | CoinWheel «
PassTheAmmo
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
October 19, 2013, 04:46:01 PM
 #11

Or, just possibly, in order to get new banking partners online, they need to increase their KYC efforts?

This is definitely the reason. I read that they are trying to partner with new banks to improve withdrawal speeds. No bank would take them on if they risk problems with US authorities.
accord01
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
October 19, 2013, 10:53:20 PM
 #12

you give your info to many many private entities, banks, credit agencies, employer.... this is not too different. 

What are they going to do?  try and apply for credit cards with your picture id, and then have goons off the street buy luis vuttons with the cc?  not happening... 
RodeoX
Legendary
*
Offline Offline

Activity: 2674
Merit: 1056


The revolution will be monetized!


View Profile
October 21, 2013, 03:18:23 PM
 #13

I would add that people are sometimes confusing this with bitcoin. The reason Gox and others are requiring proof of identity is because of fiat currency. Fiat currency is not yours to do with what you like. You are authorized to use it for your transactions, but it is not yours. For example, it is illegal to destroy your own $USD because it is not yours to destroy. Mixing btc with fiat will always result in taxes, laws, governmental whims, etc.

Just keep your holdings in bitcoin and forget about "cashing out". Bitcoins are yours , you can even destroy them.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
malevolent
can into space
Staff
Legendary
*
Offline Offline

Activity: 2072
Merit: 1013



View Profile
October 21, 2013, 06:38:41 PM
 #14

I would add that people are sometimes confusing this with bitcoin. The reason Gox and others are requiring proof of identity is because of fiat currency. Fiat currency is not yours to do with what you like. You are authorized to use it for your transactions, but it is not yours. For example, it is illegal to destroy your own $USD because it is not yours to destroy. Mixing btc with fiat will always result in taxes, laws, governmental whims, etc.
Just keep your holdings in bitcoin and forget about "cashing out". Bitcoins are yours , you can even destroy them.

The problem is that, until recently, Mt.Gox did not require any docs for bitcoin withdrawals. Only people who wanted to withdraw fiat had to submit their docs.

Now they are requiring that even people who don't deposit nor withdraw fiat currencies should also submit their docs.
malevolent
can into space
Staff
Legendary
*
Offline Offline

Activity: 2072
Merit: 1013



View Profile
October 21, 2013, 09:09:05 PM
 #15

Allegedly. No screenshot has been provided to support the allegation that Gox says "All withdrawals and deposits require account verification".

Here's a screenshot:



The URL is https://www.mtgox.com/forms/verification

I highlighted this part:

Quote
All Mt. Gox user accounts are required to be verified in order to perform any deposits and withdrawals.
TheButterZone
Legendary
*
Offline Offline

Activity: 2212
Merit: 1008


Pay with SegWit!


View Profile WWW
October 22, 2013, 06:17:24 AM
 #16

Ah. This is new. Wasn't there the other day when I looked all the fuck over the place for it...



And another one down (Coinbase), and another one down (Bitstamp), another one bites the dust (MtGox).

NBA Store coupons here!
Saying that you don't trust someone because of their behavior is completely valid.
razorfishsl
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile WWW
October 23, 2013, 04:42:41 AM
 #17

The issue I have , is just WHAT security protection is on these details?

Nothing in their site about encrypting or securing this data…….

High Quality USB Hubs for Bitcoin miners
https://bitcointalk.org/index.php?topic=560003
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!