Except of course with insolvency an independent 3rd party is put in charge and the board power's removed and a court overseas any liquidation of assets and repa

Except of course with insolvency an independent 3rd party is put in charge and the board power's removed and a court overseas any liquidation of assets and repayment of creditors. Here on the other hand... the existing players all remain in place and whether or not there's any liquidation occurring is unknown. If auctioned I wonder what bitfinex as an entity would be worth? Or even just it's assets (like a functioning, somewhat, crypto-currency exchange application)? Frankly I'm a bit surprised. There can be significant legal risks involved in operating a business that you know is insolvent.