Will this company go bankrupt? Nomad gets rekt. Those who still bridged their assets into the nomad wrapped tokens got rekt.
That depends on the solution they are gonna do. Yes Ive seen some desperately trying to convert too and some take advantage of this scenario to dump their bags as some no choice on the bridge but to convert their usdc to any asset like diff and evmos. Those who hold evmos are dumping on them. Unfortunately Im still on delegate so cant really sell some too for juicy profit. But its fine dont want to use those who trapped for an liquidity. Hope nomad have some sort of compensation to those got affected.
