As first reported by The Block, Bitfinex exchange has “temporarily paused” EUR, USD, JPY, and GBP wire deposits, although screenshots from customer accounts circulated on social media suggest that the situation should “normalize within a week.”
When last week rumors appeared that Bitfinex is insolvent because of the relationships with Noble Bank, the exchange published a response to these rumors, stating that stories and allegations currently circulating mentioning an entity called Noble Bank have no impact on Bitfinex’ operations, survivability, or solvency.
The Block reported on Saturday that Bitfinex was banking with HSBC through a private account of Global Trading Solutions. Due to the nature of the private account, it was not clear whether HSBC is aware that Bitfinex was banking with the firm. Now it appears that the private account is no longer functional. Bitfinex currently has no active method of deposits as all USD, EUR, JPY and GBP deposits are paused.
