Mt. Gox's financial worries was greater than anticipated. This was after GigaOm reported last Monday that the US Department of Homeland Security took USD2.9 million from Mt.Gox's Dwolla account. Another report came from The Genesis Block stating that Mt. Gox's Wells Fargo accounts were taken as well. This added to the Bitcoin exchange service provider's USD2.1 million worth of frozen assets. Mt. Gox failed to register in the US as a money transmitting firm. This resulted to a total of USD5 million frozen assets.

Last May, the Department of Homeland Secuirty issued a seizure warrant for Mt. Gox's Dwolla account. As a result, users were no longer allowed to use Mt. Gox's Dwolla account to exchange USD to Bitcoins, vice versa.

However, the most surprising move occurred in June. This was after the company announced that it would suspend US dollar withdrawals. Ever since, withdrawals had become sluggish after the suspended withdrawal feature ceased two weeks after.

In the latest warrant, customers were informed why Mt. Gox could no longer keep up with users' demands. The USD2.1 million in frozen assets were taken last July 19, a day before the suspension of USD withdrawals was implemented. With a total of USD5 million frozen assets, it would be impossible for the firm to fund Bitcoin exchange to USD.