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by kenneth 1233 days ago
So then perhaps the equity in Anthropic will be owned by the FTX creditors through bankruptcy and will appreciate greatly to the point where it could repay all the creditors. That would be hilarious.

For what it's worth, when MtGox blew up, it took years to recover and distribute what Bitcoins were left. Everyone was frozen out, but when they finally got their money back it was worth far more than when MtGox blew up. I have friends who are sitting on millions thanks to this. They probably would have sold on the way up or during one of the crashes. But thanks to the illiquidity during bankruptcy, they're far better off now.