Twitter brought me here.
Seeing that Michael is the biggest depositor of CRV on the Aave V2 protocol (DeBank | Your DeFi wallet). He supplies 86% of all deposited CRV in the pool ($75m).
This bad debt is a cost that Michael can easily absorb if he is unable to withdraw his CRV.
I believe that no bad debts should be repaid as the user impacted is already worth $240m. Why should the Aave community bail out the rich?
The dealer believes this is a no-deal.