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More to come on this. It goes much deeper. @gondixyz

29.7. klo 08.02
Gondi created a private loan for PUNKS tokens ahead of the 16 CryptoPunks auction. It was done so Gfunk (a Gondi Advisor) could borrow ETH against PUNKS tokens. The collateral used included tokens from the PUNKS staking contract. This enabled Gfunk to get funds to run up the bid.

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