Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday June 22, 2013

Mt. Gox Temporarily Suspends US Dollar Withdrawals

If you are one of the many invested in Bitcoin, withdrawals in US dollars have been suspended for the next two weeks at Mt. Gox. The exchange stated that improvements to the withdrawal system have facilitated the temporary suspension.

Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer withdrawals from their accounts.

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