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A black swan might not be a DeFi rug pull—it could be that the ladders (VPNs/bypassing tools) used by “lao zhong” are about to all die.
They’re about to begin quickly clearing and withdrawing all users, and Ikuu has also completely crashed.
If only a small portion of people in the crypto world can still bypass the firewall, will liquidity and new inflows of capital still exist?