It took me several times reading the posts to understand. The truth is that I don't feel sorry for CYBER_COWBOY, now Cantlogin or any of his alts, nor for the accounts that borrowed from him and have now defaulted.
Summary for those who want to understand without diving through the posts:
Sakanwa borrowed 0.00203BTC from CYBER_COWBOY, for which he had to pay back 0.00224BTC. He has defaulted on that loan, now excusing himself that CYBER_COWBOY has lost access to his original account or is hacked, and asks for an extension for one more month. The lender disagrees and sashan further tells him that he should repay the loan to the same address that sent him the funds originally.
Sashan says that Obari is an alt of Sakanwa, and it seems so from the way he talks in the PM he sent him, but to top it off I just saw that
Obari has asked sashan for a loan right now LOL.
I have highly tried to show that obari is the alt account of the borrower. Probably you have not see the quoted post of obari and also you have not gone through the reference link. If you read the quoted post of obari and reference link then it will be clear to you whether they are alt or not.