This is above and beyond what should be expected and in my opinion solidifies Saul's reputation as a good actor in this space.
It's completely reasonable to profit from depeg arbitrage. Purchasing under NAV helps mitigate the depeg & shows confidence in the underlying asset.

I personally sent 229963.24 USDC to the recovery address. I'm very glad to see affected users' losses be lowered!
The only action I took during this situation was buying DUSD through the Curve pool when it depegged, and requesting a redemption back to USDC, as I'm whitelisted. x.com/makinafi/statu…

Saul

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Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...