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Could have? FTX still owns that investment into Anthropic and the bankruptcy proceedings are sorting it out.

Isn’t rule 1 of trading that it doesn’t matter if you’re right if the timing is wrong?

The outstanding creditors probably think the timing was pretty good.

I had money on FTX. There are headlines like "FTX Customers May Get Full Payout Thanks to Google & Amazon" which make me hopeful of getting some back. https://cryptobriefing.com/ftx-customers-full-payout-thanks-...

It would be kind of ironic if the investments went up so much they could cover everything.

There was an article about how bankruptcy lawyers are charging 2000$ per hour + other expenses.

That's just ridiculous pricing but so is the entire case.

Over a longer timeframe than they had

It’s still valuable equity right?

It seems to me that FTX was just doomed to fail because of the way they operated. This would only have given them the time to do more damage.

Founders/Owners should dilute and return the principal.