26/2 Update: Another message at the mtgox.com start page

[mvdheuvel1983]

Dear MtGox Customers,

In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.

Best regards,
MtGox Team

It's not much, I know. But it's something...

26/2 update

February 26th 2014

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

[bennybong]

Huh. Great transparency on what the hell is going on 

[pungopete468]

Halting the trade engine and closing the site are two completely different things.

Nobody can check account balances and that's a major red flag.

[rograz]

They are very good at making updates that tells you nothing!

[dg2010]

As I expected, no real information because the information is so terribly bad.

Instead they are dragging their heels for as long as they can.

[T.Stuart]

It's as if they're under attack from all quarters! 

[njcarlos]

As I expected, no real information because the information is so terribly bad.

Instead they are dragging their heels for as long as they can.

[FierceRadish]

Language analysis:

In the event of recent news reports

Shifting blame to media reports.

potential repercussions on MtGox's operations and the market,

Subtle suggestion of "Mtgox the victim".

a decision was taken

Passive voice. Absolves the writer of responsibility. "Mistakes were made" versus "we made mistakes".

close all transactions

Transactions ≠ entire site.

protect the site and our users.

Again, hinting that there is a third party that Mtgox is in fact protecting us from. Victim. Blame.

We will be closely monitoring the situation and will react accordingly.

No specific timelines. No specific action.

This is one of the worst examples of PR autism I've ever read. And I've read plenty of guff in my time.

[Wilhelm]

Dear customer,

We have now sold all of our servers and have MtGox running on the parking page of our DNS provider.
Currently Mark is planning our getaway to a non-disclosed Island in the south pacific.
Once we arrive we will give you an update from a cocktail bar on the beach.

Kind regards,
MtGOX

[T.Stuart]

Dear customer,

We have now sold all of our servers and have MtGox running on the parking page of our DNS provider.
Currently Mark is planning our getaway to a non-disclosed Island in the south pacific.
Once we arrive we will give you an update from a cocktail bar on the beach.

Kind regards,
MtGOX

No no no!

They may be bad but I won't have that!

It's "Dear Valued customer" ! 

[EuroTrash]

This statement that says nothing and admits to nothing was written badly on purpose, and it is accomplishing its goal.

Longest con ever.

[Cluster2k]

Language analysis:

In the event of recent news reports

Shifting blame to media reports.

potential repercussions on MtGox's operations and the market,

Subtle suggestion of "Mtgox the victim".

Accurate analysis.  It's very much content free and blaming pretty much everyone else for what has happened over the past few months.  Didn't anyone at MtGox bother to check why so many transactions were bouncing?

[hostmaster]

Language analysis:

In the event of recent news reports

Shifting blame to media reports.

potential repercussions on MtGox's operations and the market,

Subtle suggestion of "Mtgox the victim".

a decision was taken

Passive voice. Absolves the writer of responsibility. "Mistakes were made" versus "we made mistakes".

close all transactions

Transactions ≠ entire site.

protect the site and our users.

Again, hinting that there is a third party that Mtgox is in fact protecting us from. Victim. Blame.

We will be closely monitoring the situation and will react accordingly.

No specific timelines. No specific action.

This is one of the worst examples of PR autism I've ever read. And I've read plenty of guff in my time.

I am impressed with your analysis.
Evalution is a product of fear and irresponsibility but it's (what mtgox did)  little better than no sound or no voice. This little voice can be raised well up to GEE WE ARE DAMN BACK :-) i need all your Bitcoins come and put in my gox exchange.... You little slaves ... still must use me to sell Bitcoins. HA HA HA!

i hope you enjoyed my little drama :-)

[dopamine]

Im out of the market, thanks mtogx for handling this whole situation by deleting all your tweets and causing speculation with all this FUD and in reality nothing has changed... show us proof

[Dissonance]

If you put this through a bullshit to English translator you get : We're Insolvent

[mvdheuvel1983]

26/2 update

February 26th 2014

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

[segeln]

If you put this through a bullshit to English translator you get : We're Insolvent

+1

[T.Stuart]

At least he put his name on this one. A step in the right direction.

[qwertzuiop71]

Whenever I read one of his PR statements, I think "nobody can be THAT incompetent or THAT dumb". I mean .... come on. He is totally closing down a multi-million dollar exchange and it takes like 8 hours for THAT message to appear in THAT form? That is very hard to believe. Thus, can it be on purpose? But with what intention? Getting the worst reputation on the planet? Or make everybody think that there must be something unbelievably secret going on, because nobody can possibly be that dumb? I don't get it.

[smoothrunnings]

The US Government and Tokyo are after them now. I bet Mark is fearing for his life!

http://www.businessinsider.com/report-mtgox-subpoenaed-by-us-prosecutor-2014-2?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+TheMoneyGame+(The+Money+Game