Iron Finance Debacle: Was it really a bank run? (no)

The foremost narrative in the wake of Iron Finance’s alleged “bank run” was surprisingly tame. Most capitulated to the official narrative: no rugpull, no exploit, nothing shady happening. Even influencers in the Crypto space like Taiki agree. You also have the very public and rambunctious gloaters preaching about how the victims deserved it for not pulling out on a high. Except we tried to. But you cannot beat a well-prepared and organized network of bad actor(s) with no preparation or unity.