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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.