Who knows. But did they even lose money on stETH , like get liquidated ? , the stETHS still there . But thats when they froze it and when the market was crashing . Maybe its just like they're saying and theyre not balance sheet insolvent but lack cash flow to pay peoplein a bank trun
Liquidity can cause a company to go bankrupt too, we will have easier time recovering our money if liquidity is the only issue though
yeah well seems like theres a lack of any real evidence for even a fk up like stake hound or the badger dao hack. There was that short but and the bitcoin position at 13.6 or whatever it is what else?
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