Looks like another problem in NY. Citibank is now blocking CC transactions to FD and DK for BY customers.
There was a thought when this started that DFS was too big and too popular for the government to shut it down. Looks like everyone who said that was incredibly naive. Further, I can’t help but think that the major players contributed to these problems through a series of bad choices. Without the overt arrogance combined with a refusal to realize that regulation was coming, this situation might have been controlled.