That's 200 mtgoxUSD, not USD. You're paying a premium if you want to pay for your bitcoins with mtgoxUSD.<p>It's a public secret that mtgox is in fractional reserve mode because of the seizure of their Wells Fargo and Dwolla accounts[1], and then there's the money that they claim that Coinbase owes them[2].<p>[1] <a href="http://techcrunch.com/2013/08/23/feds-seize-another-2-1-million-from-mt-gox-adding-up-to-5-million/" rel="nofollow">http://techcrunch.com/2013/08/23/feds-seize-another-2-1-mill...</a><p>[2] <a href="http://www.cryptocoinsnews.com/2013/09/14/mt-gox-responds-coinlab-lawsuit-5-5m-counterclaims/" rel="nofollow">http://www.cryptocoinsnews.com/2013/09/14/mt-gox-responds-co...</a>