The bank was having trouble processing routine transactions for Thiel's fund. That is definitely normal bank stuff. The bank was illiquid to the extent that it

The bank was having trouble processing routine transactions for Thiel's fund. That is definitely normal bank stuff. The bank was illiquid to the extent that it was impacting day to day operations. The events are described here: https://news.yahoo.com/thiel-founders-fund-withdrew-millions-005223787.html https://news.yahoo.com/thiel-founders-fund-withdrew-millions...