Erebor Bank attracted crypto clients this year with a pitch -- the bank would convert their Circle and Tether stablecoins to cash for free. Sophisticated crypto trading firms quickly figured out a way to make an easy profit out of the offer -- at a cost to Erebor. Story with @MichaelRoddan https://www.theinformation.com/articles/erebor-banks-sweet-stablecoin-deal-backfired 1/