What the heck is happening at Bitfinex?

Frank I remember when The Block first got started and Larry had come on board this was actually where we kind of stuck our flag into the ground of crypto reporting and it was strange to me at the time I remember Larry, I’d come online at 7 a.m. Larry’d be up for five hours and he’d break this story that Bitfinex is now banking with I think it was Deltec Bank at the time and then HSBC and through Global Trading Solutions, at the time I was like why is this important? Now in hindsight we can see that the writing was on the wall and anyone who’s watched this market knows that Bitfinex has had banking problems. And that’s part of their argument, that the reason why they’re in this situation in the first place is because

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