That's 200 mtgoxUSD, not USD. You're paying a premium if you want to pay for your bitcoins with mtgoxUSD.
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].
2 comments
[ 30.6 ms ] story [ 17.0 ms ] threadIt'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].
[1] http://techcrunch.com/2013/08/23/feds-seize-another-2-1-mill...
[2] http://www.cryptocoinsnews.com/2013/09/14/mt-gox-responds-co...