this post was submitted on 09 Jul 2023
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Pray for Spiro (lemmy.ca)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Taking out loans via defi scripts and getting automatically liquidated is definitely a thing yes. Sometimes, they even get liquidated by bugs in said scripts. Remember though, it's all crypto funny money involved usually with people who got in before it got manipulated to hell.