If I understand the situation correctly, there are two defaults made by the
dabs account. There is a $16,800 default on a loan from
DarkStar_ on a $15,000 loan from November 2022.
There is another loan default of 0.605 BTC from
zazarb on a 0.5 BTC loan from September 2022.
On the date of the loan 27th September 2022, BTC was worth $19,110 therefore the loan value at the time was $9555. By those calculations the total default on loans by the
dabs account at the time was $26,355. It is worth significantly more now because the value Bitcoin has increased.
Is this
dabs account behind the biggest default in the forum as far as USDT in concerned?
This account worth around $25K because he took two no collateral loans ($15K and 0.5 BTC in September 27, 2022) and he default it.