It appears Mt. Gox CEO Mark Karpeles (MagicalTux on #mtgox) declines to comment: <a href="http://www.reddit.com/r/Bitcoin/comments/1kp4uf/gigaom_reporting_that_feds_seized_29million_from/cbr88ch" rel="nofollow">http://www.reddit.com/r/Bitcoin/comments/1kp4uf/gigaom_repor...</a><p><pre><code> (6:39:17 PM) *Blitzboom*: http://gigaom.com/2013/08/19/feds-seized-2-9m-in-bitcoin-funds-from-mt-gox-court-docs-show/
(6:39:59 PM) *Blitzboom*: MagicalTux: good thing we hear this from the media, and not you guys
(6:40:13 PM) *Blitzboom*: now everybody is going to be very calm about this i'm sure
(6:41:55 PM) *Blitzboom*: though i'm sure mtgox has at least 29k BTC even if it didn't have the cash
(6:42:01 PM) *AnonX*: god
(6:42:56 PM) *AnonX*: Reminds me of when the DOJ cracked down on online poker
(6:45:36 PM) *Blitzboom*: MagicalTux: can we hear something substantial now on this?
(6:45:40 PM) *Blitzboom*: cat's out of the bag
(6:45:43 PM) *Blitzboom*: do you have the money or no
(6:46:43 PM) *Blitzboom*: i mean, if you said you have 90% of the money you owe, then even that would be an improvement to the current spread if it's to be believed
(6:46:51 PM) *Blitzboom*: that would be only 10% spread
(6:46:55 PM) *MagicalTux*: Blitzboom: we cannot comment on this
(6:47:10 PM) *Blitzboom*: you can't comment on whether or not you are solvent?
(6:47:21 PM) *MagicalTux*: We can't comment on the legal actions in the US
(6:47:28 PM) *dust-otc*: MagicalTux: as in, compelled by the government not to comment, or advised by your own lawyers not to comment?
(6:47:32 PM) *Blitzboom*: can you comment on your solvency?
(6:47:53 PM) *dust-otc*: Blitzboom: Roger Ver can comment on solvency, apparently
(6:47:53 PM) *Blitzboom*: can you pay out the people you owe?
(6:47:54 PM) *MagicalTux*: I could comment on the fact that our income since April is around 8 million USD
(6:48:14 PM) *MagicalTux*: (anyone seeing trading volume can compute that one)
(6:48:31 PM) *Blitzboom*: all i'm asking is, do you have the money to pay everyone's balance?
(6:48:38 PM) *dust-otc*: MagicalTux: no, they could estimate your revenue, not income
(6:49:02 PM) *MagicalTux*: dust-otc: our transparency reports show the costs of running mtgox, and it hasn't changed much</code></pre>
They seized these $2.9M months ago, but this re-hashing of the news is causing a run on the money: people are frantically buying bitcoins on MtGox to transfer them out of MtGox (since dollars withdrawals have been somewhat delayed and generally very slow to execute). This is pushing the exchange rate to 120 USD at MtGox, instead of ~100 USD as seen on other exchanges.<p><a href="http://bitcoincharts.com/markets/" rel="nofollow">http://bitcoincharts.com/markets/</a>